SOLD
Sold on 16 May 2024 for $250,000

8 Ilfracombe Way
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 168m2
Land area: 946m2
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Property Details for 8 Ilfracombe Way, Paynesville

8 Ilfracombe Way, Paynesville is a 4 bedroom, 2 bathroom House and was built in 2024. The property has a land size of 946m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
2024
Floor Size
168m2
Land Size
946m2
Local Government
East Gippsland
Lot/Plan
78/PS840683

Last Listing description (August 2024)

This exceptional 946m2 allotment boasts a generous 22m frontage, making it perfect for building your dream home. Situated in a prestigious estate just minutes from the waterfront, this property offers a rare opportunity to secure a spacious block with all services available. With its ample frontage, there's plenty of room for a house and vehicle access to the rear yard, ideal for adding a shed or additional parking. Don't miss out on this rare find - inquire today

Property History for 8 Ilfracombe Way, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$250,000
16 May 2024
  • 16 May 2024
    Sold for $250,000
  • 27 Feb 2024
    Listed for Sale Not Disclosed
  • 05 Mar 2021
    Listed for Sale Contact Agent
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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 3,106 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 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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LJ Hooker Paynesville
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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.