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Sold on 04 Jul 2024 - Price Unavailable

5 Reynolds Street
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 164m2
Land area: 852m2
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Property Details for 5 Reynolds St, Paynesville

Building Type
Land
Year Built
1977
Floor Size
164m2
Land Size
852m2
Local Government
East Gippsland
Lot/Plan
2/TP252803

Last Listing description (October 2024)

Set on the soon to be created subdivision known as The Oaks in the heart of Paynesville, this 852sqm (approx) allotment is ideal for people wanting the easy life. Located on the corner of Newlands Drive and Reynolds Street it is easy walking distance to Paynesville's town services and waterfront. Anticipated date for title release late 2023, early 2024. Open 7 days.

Property History for 5 Reynolds St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
04 Jul 2024
Listed for Rent
$420/w
20 Jan 2023
  • 29 Oct 2024
    Listed for Sale $350,000
  • 04 Jul 2024
    Sold
  • 29 Apr 2024
    Listed for Sale $350,000
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About 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 3,089 properties. Over the last 5 years, Houses in Paynesville have seen a 52.83% increase in median value, while Units have seen a 55.29% increase. As at 30 September 2024:

  • The median value for Houses in Paynesville is $564,425 while the median value for Units is $369,670.
  • Houses have a median rent of $468 while Units have a median rent of $380.
There are currently 86 properties listed for sale, and 2 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.