OFF MARKET

5 Windermere Terrace
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Land area: 926m2
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Property Details for 5 Windermere Tce, Paynesville

5 Windermere Tce, Paynesville is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 2013. The property has a land size of 926m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2013
Land Size
926m2
Local Government
East Gippsland
Lot/Plan
3/PS405934

Last Listing description (May 2022)

Situated in Windermere Terrace Paynesville this modern, fully equipped home has everything one could ask for. Built in 2014 by Blay Builders for the current owners this show stopping home is in an elevated position, having a northerly aspect with expansive waterviews of Lake King and to the mountains beyond. The home has been thoughtfully designed for entertaining and providing privacy for family and guests alike and features two separate living areas, upmarket kitchen with butler's pantry, main bedroom with waterviews, ensuite and walk in robe, well zoned family/guest bedrooms having central bathroom and separate toilet. Other features include oversize separate study, huge entertaining deck capturing the northern sun plus double garage with internal access to the home. Separate to the main single level dwelling is the fourth bedroom having built in robes and ensuite plus another single garage. Completing the package is the zoned central gas heating, gas log fire, spotted gum hard wood floors, Bosch kitchen appliances, double glazed windows throughout, ceiling fans, solar/electric hot water, solar power, electric external blinds, extensive retaining walls around the property, watering system and much more. If you have been looking for an upmarket property with all the hard work done then look no further, this property is for you.

Property History for 5 Windermere Tce, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,295,000
19 Apr 2022
  • 19 Apr 2022
    Sold for $1,295,000
  • 14 Apr 2022
    Listed for Sale $1,295,000
  • 08 Dec 2012
    Sold for $185,000
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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 88 properties listed for sale, and 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 130 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.