1/3 The Beacons, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

1/3 The Beacons
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 226m2
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Property Details for 1/3 The Beacons, Paynesville

1/3 The Beacons, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 226m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
1990
Floor Size
98m2
Land Size
226m2
Local Government
East Gippsland
Lot/Plan
1/SP27679

Last Listing description (August 2016)

Located in The Beacons on Riviera Harbours this delightful unit provides a great entry point for people wanting to enjoy the waterfront lifestyle in Paynesville on the Gippsland Lakes. Features:
- Half share private jetty
- Open plan living including kitchen, dining and lounge with double doors opening on to the undercover patio, sheltered waterfront and jetty

- Main bedroom with water views
- Modern bathroom and laundry
- Single car garage and room for another vehicle
- New air-conditioners in living room and main bedroom
Ideal for permanent living, holiday accommodation or investment.

Property History for 1/3 The Beacons, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$380,000
23 May 2016
Listed for Rent
$295/w
05 May 2016
  • 23 May 2016
    Sold for $380,000
  • 22 Feb 2016
    Listed for Rent $295 / week
  • 19 Feb 2016
    Listed for Sale $412,000
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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 3,320 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:

  • The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 77 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 184 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.