OFF MARKET

56 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 821m2
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Last updated 11 Nov 2024
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Property Details for 56 Main Rd, Paynesville

56 Main Rd, Paynesville is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 821m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Land Size
821m2
Local Government
East Gippsland
Lot/Plan
1/LP113865

Last Listing description (April 2021)

Located close to town, sporting facilities & primary school we have a very neat home that is currently a rental property. Open plan living with R/C aircon, large main bedroom with ensuite, two guest bedrooms and main bathroom. Set on 800sqm of land with a single garage.

Property History for 56 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$295,000
14 Apr 2021
Listed for Rent
$240/w
24 Dec 2013
  • 14 Apr 2021
    Sold for $295,000
  • 17 Nov 2020
    Listed for Sale $305,000
  • 16 Aug 2016
    Transferred
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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 8 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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