OFF MARKET

50 Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 977m2
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Last updated 11 Nov 2024
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Property Details for 50 Newlands Dr, Paynesville

50 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 977m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Land Size
977m2
Local Government
East Gippsland
Lot/Plan
10/LP16905

Last Listing description (June 2020)

If you have been looking for a top quality home in a close to town central location with water-views, then be sure you arrange a time to inspect this home. Lovingly cared for by the current owners, this delightful brick veneer home with elevated water-views of Lake Victoria features large lounge/dining area with water-views, separate kitchen/meals with gas cooktop & electric wall oven plus plenty of cupboard space. The main bedroom has ensuite & walk-in robe, there is an excellent sunroom or office to the rear of the property, another 2 family sized bedrooms plus central ducted gas heating & split system heating/cooling. Outside completes the package with carport, lock up garage having power & concrete floor, established gardens & private entertaining area for those hot summer evenings. Being only a short walk to Paynesville's shopping district, close to local boat ramp & waterfront walking track makes this a special home in a sought after location. Open 7 days.

Property History for 50 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$585,000
20 Apr 2021
  • 20 Apr 2021
    Sold for $585,000
  • 28 May 2019
    Listed for Sale $600,000
  • 30 Jun 2010
    Sold for $545,000
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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 3,106 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 87 properties listed for sale, and 6 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Paynesville.

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