1 Waratah Avenue, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

1 Waratah Avenue
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 805m2
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Last updated 3 Aug 2026
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Property Details for 1 Waratah Ave, Paynesville

1 Waratah Ave, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 805m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Floor Size
148m2
Land Size
805m2
Local Government
East Gippsland
Lot/Plan
128/LP149973

Last Listing description (May 2022)

This beautifully presented brick home has lovely street appeal and is ready and waiting for its new owners. As soon as you step foot in this property you are welcomed with the warmth of natural light and a sense of home. Open plan living flowing to undercover bbq area and separate lounge gives plenty of space for entertaining. Set on approx 800m2 of lovely grounds, this home offers dual access, perfect for the boat and/or caravan. There are 3 bedrooms, master with ensuite and walk in robe, the two other bedrooms feature built-in robes and share the family bathroom, complete with spa bath. Other features include a 5 x 3.6 metre shed, with creature comforts being gas fire, ducted heating and reverse cycle air conditioning. Set in the perfect location, just minutes to school, lake and shops. Call today for your inspection.

Property Code: 185

Property History for 1 Waratah Ave, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$599,000
20 May 2022
  • 20 May 2022
    Sold for $599,000
  • 16 Apr 2022
    Listed for Sale $599,000
  • 08 Nov 2011
    Sold for $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 3,320 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.