108 Main Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

108 Main Road
Paynesville VIC 3880

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Land area: 345m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 108 Main Rd, Paynesville

108 Main Rd, Paynesville is a 6 bedroom, 3 bathroom Unit with 4 parking spaces. The property has a land size of 345m2.

Building Type
Unit
Land Size
345m2
Local Government
East Gippsland
Lot/Plan
1/PS309050

Last Listing description (September 2018)

Being offered for sale as a complex of 3 units, these 2 bedroom 1 bathroom units are in a great location on Main Road and are securely tenanted to long term tenants, making them a great investment opportunity.
The rear unit has covered car parking for 2 and two living areas, while the other 2 units each have single car garages. Currently returning $31,200pa the owner would like to move on to other developments and will consider all offers.
Property Code: 905

Property History for 108 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
  • 09 May 2018
    Listed for Sale $737,000
Commute Calculator

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, 170 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.