SOLD
Sold on 24 Jan 2024 for $190,000

59 Langford Parade
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 596m2
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Property Details for 59 Langford Pde, Paynesville

Building Type
Land
Land Size
596m2
Local Government
East Gippsland
Lot/Plan
4/LP126390

Last Listing description (October 2023)

It's not every day you get an opportunity to buy a beautiful block of land in downtown Paynesville. Sitting on over 600sqm (approx.), is a block of land offering a short walk to town and open views of the area. All services area available in this location including NBN. Don't hesitate to call us now for more information. This could be the location of your dream house!

Property History for 59 Langford Pde, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$190,000
24 Jan 2024
  • 24 Jan 2024
    Sold for $190,000
  • 22 May 2023
    Listed for Sale $205,000
  • 11 Jan 2018
    Sold for $95,000
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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 3,104 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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Elders Real Estate Bairnsdale
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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.