8 Newlands DrivePaynesville VIC 3880
Property Details for 8 Newlands Dr, Paynesville
8 Newlands Dr, Paynesville is a 0 bedroom, 0 bathroom House. The property has a land size of 500m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom House sold in Paynesville in the last 12 months.
Last Listing description (July 2024)
What a buy this is! Flat, wide 20m court frontage and only a short 100m walk to the waterfront, Lake Victoria and Paynesville's shopping centre. Perfect for people wanting an easy-care allotment in the heart of Paynesville. All connection services available. Anticipated date for title release late 2023, early 2024. Open 7 days.
Property History for 8 Newlands Dr, Paynesville, VIC 3880
- 16 Jul 2024Sold
- 29 Apr 2024Listed for Sale $215,000
- 19 Jan 2023Listed for Sale $350,000
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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.
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