OFF MARKET

70A Wellington Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 225m2
Land area: 472m2
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Property Details for 70a Wellington St, Paynesville

70a Wellington St, Paynesville is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 472m2 and floor size of 225m2. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
House
Year Built
2010
Floor Size
225m2
Land Size
472m2
Local Government
East Gippsland
Lot/Plan
2/PS442489

Last Listing description (November 2021)

Rarely does a home in downtown Paynesville come to the market, especially a waterfront property of this excellence. Known to some as 'The Loft' this property is a great example of waterfront living.
This two-level residence has great appeal from the street and waterfront.
Displaying hints of architectural brilliance with high ceilings and picturesque water views that will take your breath away. Being low maintenance and designed for easy living the home is ideal for people wanting to relax and enjoy what Paynesville and the Gippsland Lakes has to offer or enjoy the convenient location year-round...

Ground level features a large open plan living/dining area with kitchen looking out to the private pool and waterfront. Double bedroom or study with hanging space, bathroom & laundry and internal access to the garage. Tiled floors throughout to keep the house cool on those hot summer days.
The upper level is devoted to two bedrooms plus a second living or study area. The private main bedroom features spectacular views over the water, a private balcony and ensuite. Proving the great flexibility of this home, is a further separate living/retreat, a third very large bedroom and central bathroom, featuring cathedral ceilings throughout the upper level.
Outside features three tiers of outdoor living. A purpose designed entertaining area with sheltered BBQ hut, your own private pool, and at the water's edge is decking leading to your own private jetty with plenty of room for your boat and the bonus of power and fresh water available on the jetty.
This enviable home includes blackout blinds, hydronic heating, split system air conditioning and a brilliant location only a short walk to town.
If you have been searching for the ultimate escape, then look no further, this is the one for you.

Inspections by appointment only. Expressions of interest closing Friday the 17th of December 2021.

Property History for 70a Wellington St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$715,000
14 Mar 2012
Listed for Rent
$400/w
07 Aug 2012
  • 19 Nov 2021
    Listed for Sale EXPRESSIONS OF INTEREST
  • 09 Jun 2012
    Listed for Rent $400 / week
  • 14 Mar 2012
    Sold for $715,000
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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.

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.