1/11 Toonalook Parade, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
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1/11 Toonalook Parade
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 159m2
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Last updated 21 Sep 2026
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Property Details for 1/11 Toonalook Pde, Paynesville

1/11 Toonalook Pde, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 159m2.

Building Type
Unit
Land Size
159m2
Local Government
East Gippsland

Last Listing description (January 2025)

This charming unit is located in a quiet complex close to Paynesville's main beach and the shopping and dining precinct. This represents an opportunity for a savvy buyer to enjoy coastal living at an affordable price. There are a total of eleven units and two homes in the complex with access to this unit available directly off Toonalook Street.

The unit features a low maintenance brick exterior with corrugated iron roof and a single carport alongside. There is a generous master bedroom with a built-in robe, a second smaller bedroom, a lounge with wall mounted TV arm, combined kitchen and dining and a bathroom/laundry. There's plenty of room out the front to pull up a chair, enjoy a coffee and watch the world go by. Water glimpses are even available from the front of the unit and on the front lawn! Alternatively, enjoy a cool drink in the evening on the very private rear deck or lawn.

Thanks to the large windows throughout the unit there is plenty of natural light. Front and rear flyscreen security doors allow for a natural breeze to flow through the unit in the warmer months whilst you have the backup of a split system reverse cycle air conditioner to help maintain a comfortable temperature all year round.

The complex features an undercover barbeque and firepit area as its centrepiece. In addition to the single carport, there's plenty of on-street parking directly out the front. It's only a short stroll down to the Paynesville retail and business centre which includes a Supa IGA Supermarket. The Paynesville beach and jetty are just at the end of Toonalook Parade whilst a boat ramp at the other end of the beach is perfect to launch the boat to explore the Gippsland Lakes. There's also a great walking track that runs along the foreshore.

Body Corporate fees in the complex are quite reasonable and these include building insurance and lawn mowing. The unit is very central to facilities being an easy walk to the Bowls Club, Tennis Club, RSL, Freeman Reserve and the Paynesville Primary School. It's also only a short drive to the major rural hub of Bairnsdale where there are all the major supermarkets, Bunnings, Kmart, Dan Murphys and a variety of national and local retailers. This is certainly a very desirable location!

Don't miss your opportunity to secure a solid unit so close to the water, facilities and the retail and business centre of Paynesville at such an affordable price. Please view our Virtual Tour online and call Richard Ivey on 0401 113 310 or Matt Byrne on 0410 681 323 to organise your personal inspection. Inspections available seven days a week by appointment.

Property History for 1/11 Toonalook Pde, Paynesville, VIC 3880

A timeline of how this property has performed in the market
  • 15 May 2024
    Listed for Sale $310,000
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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 3,379 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:

  • The median value for Houses in Paynesville is $595,888 while the median value for Units is $387,576.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 76 properties listed for sale, and 15 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 186 properties were sold in the past 12 months in Paynesville.

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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.