OFF MARKET

86 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 179m2
Land area: 1012m2
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Property Details for 86 Main Rd, Paynesville

86 Main Rd, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 1012m2 and floor size of 179m2.

Building Type
House
Year Built
2014
Floor Size
179m2
Land Size
1012m2
Local Government
East Gippsland

Last Listing description (August 2015)

Large vacant allotments are becoming rare in the Paynesville area. 1012sqm of land, fully fenced with all services available including natural gas. Close to the town centre & across the road from the Bowls Club & sporting facilites. The astute developer will take notice with the possibility of a unit site or subdivision (STCA).

Property History for 86 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
  • 20 Sep 2016
    Listed for Sale $87,000 NEGOTIABLE
  • 14 Aug 2015
    Listed for Sale $118,000
  • 03 Jul 2011
    Listed for Sale $118,000

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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.

Suburb Insights for Paynesville 3880

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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.