OFF MARKET

60 Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1004m2
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Property Details for 60 Newlands Dr, Paynesville

60 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1004m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Land Size
1004m2
Local Government
East Gippsland
Lot/Plan
5/LP16905

Last Listing description (May 2017)

If you are truly looking for something special this property set directly across the road from Sunset Cove is the one for you! Owned by one family for 60 years and lovingly built by 3 brothers who are all qualified builders, this stunning home oozes charm and sophistication from the moment you walk in. With formal entrance leading to the open plan living and dining space offering the most amazing views to the Gippsland Lakes and Ocean Grange, beautiful timber kitchen with gas cooking, dishwasher and large pantry plus a second living area/ pool room and bar with lovely woodwork and carvings. The spacious master suite with large bay windows to take in the water views has WIR and roomy ensuite with shower and separate bath. 2 other bedrooms each with BIRs, a family bathroom and a generous study or fourth bedroom. 9ft ceilings throughout, reverse cycle air conditioning in both living areas plus gas and wood heating. The fully fenced backyard offers single carport, single lockup garage, workshop with outside toilet and well planned shelving plus a wood shed, as well as an in ground swimming pool for the summer days- or you can simply walk across the road to Sunset Cove! Contact Karan at East Gippsland & Lakes Real Estate to arrange an inspection of this superb property on 0447 319 927.
Property Code: 542

Property History for 60 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$508,000
08 May 2017
Listed for Rent
$375/w
04 May 2015
  • 08 May 2017
    Sold for $508,000
  • 25 Nov 2016
    Listed for Sale $555,000 (under offer)
  • 03 May 2015
    Listed for Rent $375 / 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.

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.