1 Bungaree Avenue, Paynesville, VIC 3880 sold on 06 October 2025 | OnTheHouse
SOLD
Sold on 06 Oct 2025 for $480,000

1 Bungaree Avenue
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 892m2
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Property Details for 1 Bungaree Ave, Paynesville

1 Bungaree Ave, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 892m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
160m2
Land Size
892m2
Local Government
East Gippsland
Lot/Plan
6/LP21115

Last Listing description (September 2024)

Nestled in a serene locale, this charming 3-bedroom, 2-bathroom residence offers the perfect canvas for creating your ideal living space.
Upon entering, you're greeted by two inviting living areas, ideal for both relaxation and entertainment. The spacious dining room provides ample space for hosting memorable gatherings, while the large kitchen beckons with its potential for culinary creativity.
Situated on a generous 895sqm land parcel, this property boasts abundant parking and storage options, perfect for housing your boats and caravans with ease. The expansive backyard presents an opportunity for green thumbs to flourish, with ample space to cultivate a thriving vegetable garden.

Conveniently located just a short stroll from local shops, yet tucked away in a tranquil neighbourhood, this home offers the best of both worlds convenience and serenity. Don't miss the chance to make this your forever home!

Property History for 1 Bungaree Ave, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$480,000
06 Oct 2025
  • 06 Oct 2025
    Sold for $480,000
  • 13 May 2024
    Listed for Sale $490,000
  • 20 Aug 2009
    Sold for $257,500
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of 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 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 169 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.