5 Digney StreetPaynesville VIC 3880
Property Details for 5 Digney St, Paynesville
5 Digney St, Paynesville is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 940m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (January 2019)
Well suited to the growing family with an open plan living/dining area, very functional kitchen and smartly zoned bedrooms. Further to this there is natural gas heating and cooking, a security system and a large block of 940sqm. Finding family friendly properties with Paynesville's growing housing demand isn't getting easier and prices are climbing. This type of property presents a great opportunity for new purchasers to secure their first home without the hassle of building. However for the investor it provides a relatively new property which is currently tenanted and achieving $320 per week.
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Property History for 5 Digney St, Paynesville, VIC 3880
- 10 Jul 2018Sold for $297,000
- 25 Jan 2018Listed for Sale $299,000
- 21 Sep 2016Listed for Sale OFFERS OVER $300,000.00
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0About Paynesville 3880
The size of Paynesville is approximately 7 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2011 was 3,236 people. By 2016 the population was 3,476 showing a population growth of 7.4% in the area during that time. The predominant age group in Paynesville is 60-69 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation. In 2011, 72.3% of the homes in Paynesville were owner-occupied compared with 71.5% in 2016.
Paynesville has 3,104 properties. Over the last 5 years, Houses in Paynesville have seen a 49.15% increase in median value, while Units have seen a 44.12% increase. As at 31 October 2024:
- The median value for Houses in Paynesville is $560,256 while the median value for Units is $352,705.
- Houses have a median rent of $470 while Units have a median rent of $380.
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