OFF MARKET

7B Sheerwater Terrace
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 220m2
Land area: 535m2
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Property Details for 7b Sheerwater Tce, Paynesville

7b Sheerwater Tce, Paynesville is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 535m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
House
Year Built
2005
Floor Size
220m2
Land Size
535m2
Local Government
East Gippsland
Lot/Plan
2/PS515231

Last Listing description (October 2015)

SIGNIFICANT PRICE REDUCTION!!
On Riviera Harbours in Sheerwater Terrace, Paynesville this large double storey home is perfect for people wanting that extra living space with a low maintenance yard. Facing East, the home captures morning sun from the huge downstairs entertaining deck while having expansive water views of the harbours. Downstairs includes the open plan kitchen/meals/family area, 2 bedrooms each having an ensuite, bathroom, laundry, powder room & double garage with internal access to the home. Upstairs adds benefits with another 2 bedrooms, each have an ensuite bathroom, separate living area & a large parents retreat or study. This home has plenty to offer at this price.

Property History for 7b Sheerwater Tce, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$700,000
26 Jun 2015
  • 26 Jun 2015
    Sold for $700,000
  • 15 Nov 2013
    Listed for Sale $750,000
  • 03 Oct 2012
    Listed for Sale $1,200,000
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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 3,091 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 89 properties listed for sale, and 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 126 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.