OFF MARKET

8 Mcmillan Grove
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 714m2
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Property Details for 8 Mcmillan Gr, Paynesville

8 Mcmillan Gr, Paynesville is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 714m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1970
Floor Size
115m2
Land Size
714m2
Local Government
East Gippsland
Lot/Plan
84/LP55819

Last Listing description (November 2021)

This charming home is situated less than 5 minutes' walk from the waterfront on Fort King Island. The living room features timber cathedral ceilings which gives a sense of space and opens onto the large covered deck for all your entertaining. Kitchen with electric cooking and dishwasher. Three good sized bedrooms, family bathroom, separate WC and laundry. Recently painted internally with split system heating/cooling and wood heater. Moving outside there is a double carport and workshop.

Property History for 8 Mcmillan Gr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$390,000
06 Sep 2021
Listed for Rent
$220/w
06 Aug 2009
  • 06 Sep 2021
    Sold for $390,000
  • 20 Jul 2021
    Listed for Sale $420,000
  • 17 Nov 2014
    Listed for Sale $225,000
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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 3,108 properties. Over the last 5 years, Houses in Paynesville have seen a 52.44% increase in median value, while Units have seen a 49.80% increase. As at 30 November 2024:

  • The median value for Houses in Paynesville is $563,390 while the median value for Units is $368,460.
  • Houses have a median rent of $473 while Units have a median rent of $380.
There are currently 97 properties listed for sale, and 5 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Paynesville.

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