87 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House and was built in 2005. The property has a land size of 821m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Located on the highly sought after Newlands Drive, is a dream setting for a highly-desirable lifestyle with this beautiful estate style, single-level family residence. Featuring 3 light-filled living areas overlooking a well established tree garden with magnificent Norfolk Pines on one side and a large outdoor terrace complete with pizza oven on the other. This extensive home is superbly presented with spacious three bedrooms - a large master with walk-in-robe and en-suite, private study and two further bedrooms (BIRs), with a further opportunity to convert a connected private sitting area into a fourth bedroom if desired. Extensive kitchen and meals area (with walk-in pantry), sizable laundry, separate bathroom and WC, split system heating and cooling, ample storage plus remote-controlled double garage complete the package.
Located close to Sunset Cove and a short walk to the main shopping centre, this is a rare property, ideal for a family or retired couple that will impress upon inspection.
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 3,106 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:
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