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Sold on 29 Nov 2024 - Price Unavailable

7/3 Erickson Lane
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 7/3 Erickson Lane, Paynesville

7/3 Erickson Lane, Paynesville is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit

Last Listing description (November 2024)

Looking for the perfect blend of comfort, convenience and natural beauty? Look no further than this fully furnished apartment nestled in the heart of town, just steps away from the picturesque Paynesville foreshore and the tranquil waters of Lake Victoria. Whether you're seeking a serene residence or a savvy investment opportunity, this property offers the ideal canvas for your lifestyle dreams.
Upon entering, you're greeted by an inviting open-plan living space & expansive windows that frame stunning lake views. Step out onto the balcony to savor your morning coffee or unwind with a glass of wine as you watch the sun set over the glistening waters.
The accommodation comprises a spacious main bedroom, complete with an ensuite bathroom and a private balcony, providing a secluded retreat to relax and recharge. A second bedroom and a main bathroom offer comfort and convenience for guests or family members.

No need to worry about parking, as this property boasts a double garage, ensuring ample space for your vehicles and storage needs. Plus, with the added perk of a supermarket right at your back door, daily errands become a breeze.
Whether you're seeking a peaceful haven to call home or a lucrative investment opportunity in a highly sought-after location, this fully furnished apartment ticks all the boxes. Don't miss out on the chance to make lakefront living a reality - schedule your viewing today!

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Property History for 7/3 Erickson Lane, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
29 Nov 2024
Listed for Rent
$350/w
25 Mar 2020
  • 09 Nov 2024
    Sold for $600,000
  • 06 Sep 2024
    Listed for Sale $630,000
  • 19 Aug 2021
    Sold for $515,000
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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 3,109 properties. Over the last 5 years, Houses in Paynesville have seen a 52.44% increase in median value, while Units have seen a 49.80% increase. As at 30 November 2024:

  • The median value for Houses in Paynesville is $563,390 while the median value for Units is $368,460.
  • Houses have a median rent of $473 while Units have a median rent of $380.
There are currently 94 properties listed for sale, and 6 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Paynesville.

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Deborah Pearson
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King & Heath First National - PAYNESVILLE
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