OFF MARKET

98 Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 902m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 98 Newlands Dr, Paynesville

98 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 902m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1994
Land Size
902m2
Local Government
East Gippsland
Lot/Plan
1/TP108444

Last Listing description (June 2023)

Situated close to Sunset Cove Beach and walking track along the lake, this charming home set on spacious 935 m2 allotment boasts open plan living, kitchen with electric cooking and lots of bench space. There are three good sized bedrooms, ensuite to master and bathroom. Comforted by gas log fire and split system. Vehicle access to the rear yard.

Property History for 98 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$515,000
15 Mar 2023
Listed for Rent
$360/w
12 Mar 2021
  • 31 Mar 2023
    Listed for Sale Sold
  • 15 Mar 2023
    Sold for $515,000
  • 01 Mar 2021
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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.
There are currently 88 properties listed for sale, and 8 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

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.