OFF MARKET

7 Magnolia Way
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 248m2
Land area: 965m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 7 Magnolia Way, Paynesville

7 Magnolia Way, Paynesville is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 965m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
2010
Floor Size
248m2
Land Size
965m2
Local Government
East Gippsland
Lot/Plan
31/PS514248

Last Listing description (August 2020)

This executive style steel framed home would be the perfect entertainer, with its open plan design and covered alfresco outdoor area overlooking lake Toonalook. This magnificent home has 4 bedrooms and 2 bathrooms, separate designated study, 2 large living areas, internal access to a larger than normal double garage which has a remote controlled door and room to park boats or caravans outside. Inside the kitchen has 900mm cooking appliances, dishwasher, glass splashback, stone bench tops and walk in pantry. The owners spared no expense with ducted gas heating, ducted evaporative cooling, 8'6" ceilings, solar power, solar/gas HWS, garden shed, established gardens and fences. If you are looking for that class above, then this is the one. Contact Bret Ward Real Estate 0427 562 644 now to inspect.

Property Code: 1314

Property History for 7 Magnolia Way, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$570,000
11 Aug 2020
  • 11 Aug 2020
    Sold for $570,000
  • 24 Jul 2020
    Listed for Sale $570,000
  • 09 Jun 2020
    Listed for Sale $570,000
Sign in to see more transactions

Commute Calculator

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 3,105 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 87 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

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.