OFF MARKET

7 Main Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 790m2
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Last updated 11 Nov 2024
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Property Details for 7 Main Rd, Paynesville

7 Main Rd, Paynesville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 790m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1980
Floor Size
99m2
Land Size
790m2
Local Government
East Gippsland
Lot/Plan
2/LP68664

Last Listing description (May 2024)

Centred on the block, comprising of two levels. Level 1 has a bedroom and bathroom downstairs with the kitchen/dining area. Upstairs is the main bedroom with an en-suite and huge deck that opens to the Paynesville foreshore views. If you enjoy the fireworks, then this is the best place in town to view them. Including split system air conditioning, this spacious townhouse will impress those looking to be amongst the action. Enquire today!

Property History for 7 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$685,000
20 Apr 2021
Listed for Rent
$485/w
01 May 2024
  • 01 May 2024
    Listed for Rent $485 / week
  • 28 Apr 2022
    Listed for Rent $450 / week
  • 20 Apr 2021
    Sold for $685,000
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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 3,107 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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