OFF MARKET

8 May Park Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 787m2
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Last updated 11 Nov 2024
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Property Details for 8 May Park Dr, Paynesville

8 May Park Dr, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 787m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
House
Floor Size
148m2
Land Size
787m2
Local Government
East Gippsland
Lot/Plan
107/LP149973

Last Listing description (October 2015)

Located in a quiet court close to Primary School, sporting facilities & just minutes to our magnificent lakes systems. The property has been well maintained by the previous vendors so you can move straight in. The large living room, with solid fuel heater & R/C air-con opens to the well equipped kitchen & meals area. Three bedrooms with the main separately zoned with BIR & ensuite. Main bathroom & separate toilet. Generous size laundry complete with built-in ironing station. Other features include: ducted vacuum, key lock windows, solar hot water, double garage with electric door, garden shed with concrete floor, extra parking at front.

Property History for 8 May Park Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$299,000
15 Jun 2015
  • 14 Oct 2019
    Listed for Sale $299,000
  • 15 Jun 2015
    Sold for $299,000
  • 04 Jan 2015
    Listed for Sale $299,000
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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.

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