1 Driftwood Close, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
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1 Driftwood Close
Paynesville VIC 3880

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 433m2
Land area: 1214m2
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Property Details for 1 Driftwood Cl, Paynesville

1 Driftwood Cl, Paynesville is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 1214m2 and floor size of 433m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
2012
Floor Size
433m2
Land Size
1214m2
Local Government
East Gippsland
Lot/Plan
13/PS524602

Last Listing description (June 2019)

Situated on the Riviera Harbour in Paynesville, with sweeping 180 degree waterviews of Lake King & to the mountains beyond. This magnificent home has all the features & benefits you could ask for. Built in 2011 to the highest standard, the home includes:
- 5 bedrooms
- 3 bathrooms

- 3 separate living areas
- Designer kitchen with huge walk-in pantry
- Double garage with internal access to the home
- Private alfresco entertaining area
- Huge north facing entertaining area with stunning view of the Gippsland Lakes
- Room for caravan or boat storage
- Jetty berth
Other important features are the 9ft ceilings, double glazed windows throughout, huge laundry with plenty of storage options, massive walk-in linen cupboard, full insulation in walls, roof & floors, powder room downstairs, ceiling fans, 3 separate heating/cooling systems, ducted gas heating, gas/solar hot water units, fully alarmed & much, much, more.
If you have been looking for a special home on the waterfront & have had trouble finding it, then take a look at this. This home is a rare find and is sure to attract attention. Open 7 days.

Property History for 1 Driftwood Cl, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,150,000
20 Dec 2019
  • 20 Dec 2019
    Sold for $1,150,000
  • 17 Dec 2018
    Listed for Sale $1,190,000
  • 02 Oct 2017
    Listed for Sale $1,200,000
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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 3,384 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 79 properties listed for sale, and 16 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.