SOLD
Sold on 06 Feb 2024 for $405,000

53 Cumming Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 801m2
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Property Details for 53 Cumming St, Paynesville

53 Cumming St, Paynesville is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 801m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Land Size
801m2
Local Government
East Gippsland
Lot/Plan
12/LP44873

Last Listing description (June 2024)

Welcome to this charming older style home situated on a generous 810m2 allotment. Boasting two bedrooms, this comfortable abode offers a spacious lounge for relaxation and entertainment. The brand new kitchen features elegant white cabinetry and is equipped with a convenient dishwasher. Adjoining the kitchen is a delightful dining area, perfect for family meals. The updated bathroom boasts a recently tiled floor and a modern walk-in shower recess, along with a toilet. Accessibility is a breeze with a convenient ramp leading to the front entry. Additionally, this property offers a double carport and garage for your parking needs. Located in close proximity to a school and a bowls club, this home offers convenience and comfort in a well established neighbourhood.

Property History for 53 Cumming St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$405,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $405,000
  • 12 Sep 2023
    Listed for Sale $425,000
  • 01 Nov 1988
    Sold for $70,000
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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 88 properties listed for sale, and 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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LJ Hooker Paynesville
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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.