OFF MARKET

8/15 Mitchell Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
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Property Details for 8/15 Mitchell St, Paynesville

8/15 Mitchell St, Paynesville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2006
Floor Size
150m2
Local Government
East Gippsland
Lot/Plan
8/PS517826

Last Listing description (September 2021)

Absolute waterfront location this modern home with deep water half share jetty is situated within easy walking distance to Paynesville's shops and restaurants. The home offers magnificent canal views, light and bright living area with polished hardwood floors spilling out to extensive deck for all your outdoor living. Stylish kitchen with stone bench tops and quality appliances. Also, downstairs is a bedroom, laundry and direct access to the double garage with auto door. Second level offers two further bedrooms, master bedroom with view deck, BIR's and direct access to the bathroom. Plenty of room to extend the home if required and parking for boat/caravan. Boardwalk to the white sandy beach which is a unique attraction in this secure gated waterfront complex. The home would achieve $480.00 per week as a permanent rental.

Property History for 8/15 Mitchell St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$760,000
23 Jun 2021
  • 23 Jun 2021
    Sold for $760,000
  • 23 Mar 2021
    Listed for Sale $790,000 'NEW PRICE'
  • 06 Jun 2017
    Sold for $680,000
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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 3,105 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 88 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.