OFF MARKET

51 Wellington Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 131m2
Land area: 694m2
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Property Details for 51 Wellington St, Paynesville

51 Wellington St, Paynesville is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1981. The property has a land size of 694m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1981
Floor Size
131m2
Land Size
694m2
Local Government
East Gippsland
Lot/Plan
63/LP123315

Last Listing description (June 2018)

Positioned nicely on a corner block with double street access to carport or double garage. The home consists of - Lounge with solid fuel heating, family area with R/C, kitchen with wall oven, electric stove top, dishwasher & meals area, three bedrooms with BIR's, main bathroom, separate toilet with vanity & laundry. Great outdoor entertaining area with large decking to the enclosed sunken pool area.

Property History for 51 Wellington St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$315,000
14 May 2018
Listed for Rent
$340/w
06 Jul 2016
  • 14 May 2018
    Sold for $315,000
  • 30 Nov 2017
    Listed for Sale $329,000
  • 09 Apr 2016
    Listed for Rent $340 / week
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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.

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.