11-13 Esplanade Paynesville VIC 3880
Property Details for 11-13 Esplanade, Paynesville
Last Listing description (August 2020)
- Esplanade location overlooking Progress Jetty on the Gippsland Lakes
- Lease until 28th October 2020 plus 2 further terms of 2 years each
- Rental of $36,000 per annum NET
- Rear laneway access
- Commercial 1 zoning
- Potential for further development that could include the airspace above (S.T.C.A)
Property History for 11-13 Esplanade, Paynesville, VIC 3880
- 23 Aug 2018Listed for Rent $38,000 / year
- 12 Feb 2018Listed for Sale $695,000 + GST (IF APPLICABLE)
- 02 Jul 2015Listed for Sale $249,000 + SAV
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0About 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 3,379 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.
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