OFF MARKET

83A Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 164m2
Land area: 572m2
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Last updated 11 Nov 2024
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Property Details for 83a Newlands Dr, Paynesville

83a Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House and was built in 2006. The property has a land size of 572m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
2006
Floor Size
164m2
Land Size
572m2
Local Government
East Gippsland
Lot/Plan
2/PS548105

Last Listing description (August 2017)

Perfectly positioned in one of Paynesville's favorite streets is this charming high quality home offering kitchen/dining/family area with cathedral ceiling, sliding glass doors lead to a private covered outdoor entertaining deck, formal lounge, three bedrooms, two bathrooms and double carport with storage shed. As new carpets, split systems (3), ducted gas heating, polished timber floors, gas log fire, stone bench tops, security system and roller blinds. There are approved plans for a second level if required.

Property History for 83a Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$375,000
16 Jun 2017
  • 16 Jun 2017
    Sold for $375,000
  • 31 Mar 2017
    Listed for Sale $399,000
  • 11 Mar 2014
    Sold for $345,000
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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 9 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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