OFF MARKET

58 Newlands Drive
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 1039m2
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Property Details for 58 Newlands Dr, Paynesville

58 Newlands Dr, Paynesville is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1039m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
House
Year Built
1950
Floor Size
108m2
Land Size
1039m2
Local Government
East Gippsland
Lot/Plan
6/LP16905

Last Listing description (December 2014)

AMAZING LAKE VIEWS
Girrakool is a charming solid older style home on a large 1062m2 elevated allotment with fantastic lake views. Freshly painted inside and out, new kitchen with polished timber floor, carpets and window furnishings. The lounge room and master bedroom enjoy lake views, second bedroom with BIR's, bathroom, laundry, separate toilet and garage. Plenty of room to extend the home if required. Close to Sunset Cove Beach, shops, restaurants and walking track along the waters edge.

Property History for 58 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$345,000
13 Jan 2015
Listed for Rent
$220/w
18 Mar 2014
  • 13 Jan 2015
    Sold for $345,000
  • 28 Mar 2014
    Listed for Sale $395,000
  • 19 Feb 2014
    Listed for Rent $220 / 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 3,107 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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