OFF MARKET

5 Sunset Boulevard
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 173m2
Land area: 891m2
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Last updated 11 Nov 2024
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Property Details for 5 Sunset Bvd, Paynesville

5 Sunset Bvd, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 891m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2008
Floor Size
173m2
Land Size
891m2
Local Government
East Gippsland
Lot/Plan
2/PS524627

Last Listing description (February 2018)

Number 5 Sunset Boulevard has 3 bedrooms and 2 bathrooms, ensuite to the main bedroom, wood heater and reverse cycle airconditioner, covered out door area, open plan lounge/dining room, double garage with remote door, side access gates, good fencing and established gardens. Located in a quite part of town, this lovely home would be suitable for an investment property or for the owner occupier.
Property Code: 773

Property History for 5 Sunset Bvd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$565,000
24 Aug 2021
Listed for Rent
$350/w
04 Jan 2017
  • 24 Aug 2021
    Sold for $565,000
  • 23 Nov 2017
    Sold for $340,000
  • 21 Apr 2017
    Listed for Sale $360,000
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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 3,107 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.
There are currently 90 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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