SOLD
Sold on 07 Mar 2024 for $365,000

8 Langford Parade
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 76m2
Land area: 620m2
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Property Details for 8 Langford Pde, Paynesville

8 Langford Pde, Paynesville is a 2 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 620m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Year Built
1900
Floor Size
76m2
Land Size
620m2
Local Government
East Gippsland
Lot/Plan
2/PS814868

Last Listing description (August 2024)

This 620m2 allotment boasts a prime downtown location, just a stone's throw from the waterfront and restaurants and is zoned Commercial 1, offering versatile business venture options or the opportunity to build your dream residence. With convenient access to an IGA supermarket, mere meters from your back gate, this level property is perfect for easy building. Enjoy all services on hand and indulge in a lifestyle of kayaking, paddle boarding, and leisurely strolls along the foreshore walking track. Ideal for those who cherish a golden circle location.

Property History for 8 Langford Pde, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$365,000
07 Mar 2024
  • 13 Jun 2024
    Listed for Sale $299,950
  • 07 Mar 2024
    Sold for $365,000
  • 12 Feb 2024
    Listed for Sale Not Disclosed
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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 87 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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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.