1/1 Rex Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

1/1 Rex Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 482m2
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Property Details for 1/1 Rex St, Paynesville

1/1 Rex St, Paynesville is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 482m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
1980
Floor Size
102m2
Land Size
482m2
Local Government
East Gippsland
Lot/Plan
1/PS615807

Last Listing description (July 2025)

Looking for a comfortable, easy-care home in a prime location? This bright and airy three-bedroom unit is just 800 meters from the Paynesville Esplanade.

Inside, north-facing living area that’s flooded with natural light, creating a warm, welcoming space to unwind. The well-equipped kitchen features an electric cooktop and oven, dishwasher, and a generous pantry for all your storage needs.

The spacious master bedroom offers built-in robes, reverse-cycle air conditioning and direct access to the cleverly designed bathroom/laundry, which also opens to the hallway for added convenience. Two additional bedrooms give you flexible options.

Step outside and relax or entertain all year round in the covered outdoor area with blinds for privacy and weather protection. Garden shed and New carport and front fence to be installed.

Property History for 1/1 Rex St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$385,000
05 Mar 2025
Listed for Rent
$450/w
16 Jul 2025
  • 10 Jul 2025
    Listed for Rent - Price not available
  • 05 Mar 2025
    Sold for $385,000
  • 11 Feb 2025
    Listed for Sale $390,000
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. There are 8 parks, covering nearly 3.7% of the total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 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 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.

Paynesville has 3,326 properties. Over the last 5 years, Houses in Paynesville have seen a 25.25% increase in median value, while Units have seen a 32.58% increase. As at 31 May 2026:

  • The median value for Houses in Paynesville is $601,780 while the median value for Units is $412,682.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 86 properties listed for sale, and 12 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 190 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.