1/2 Burden Place, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Burden Place
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 187m2
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Last updated 25 May 2026
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Property Details for 1/2 Burden Pl, Paynesville

1/2 Burden Pl, Paynesville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 187m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
1992
Floor Size
84m2
Land Size
187m2
Local Government
East Gippsland
Lot/Plan
1/RP15896

Last Listing description (October 2019)

Located in Burden Place, this lovely brick home has 2 bedrooms and 1 bathroom, large lounge room, covered in sitting room, 2 x reverse cycle air conditioners, gas wall heater on town gas, open plan dining/lounge/kitchen, single carport, single car garage, a couple of workshops, low maintenance yard, securely fenced and private. If you are looking for a holiday home or a retirement home, then this is the one for you. Inspections are by appointment only by contacting Bret Ward on 0427562644.
Property Code: 1119

Property History for 1/2 Burden Pl, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$250,000
19 Sep 2019
  • 19 Sep 2019
    Sold for $250,000
  • 12 Aug 2019
    Listed for Sale $260,000
  • 02 Feb 2011
    Sold for $230,000
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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 3,325 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:

  • The median value for Houses in Paynesville is $589,506 while the median value for Units is $396,453.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 90 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 183 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.