12 Mcmillan Grove, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
 
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12 Mcmillan Grove
Paynesville VIC 3880

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 541m2
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Last updated 28 Sep 2026
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Property Details for 12 Mcmillan Gr, Paynesville

12 Mcmillan Gr, Paynesville is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 541m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Land Size
541m2
Local Government
East Gippsland
Lot/Plan
86/LP55819

Last Listing description (June 2022)

Here is an opportunity to purchase this two storey complex offering 2 x 3 bedroom units positioned close to the waterfront and boasting water views from second level. Obtain an income from both units or rent one and live in the other. Unit 2 currently rented at $300.00 per week and Unit 1 advertised at $350.00 pw.
Unit 2 comprises spacious living area with updated kitchen and lake views from the balcony. Three spacious bedrooms, bathroom with shower over bath, laundry, separate shower room and WC.

Unit 1 has new roller blinds and has been partially repainted and comprises open plan living area, adjoining kitchen with gas cooking, three spacious bedrooms, laundry, bathroom, separate shower room, WC and direct access to the rear yard.
Each of the units have split system heating/cooling and there is also a double colorbond garage and garden shed.

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Property History for 12 Mcmillan Gr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$540,000
25 Mar 2022
Listed for Rent
$220/w
31 May 2016
  • 25 Mar 2022
    Sold for $540,000
  • 22 Nov 2021
    Listed for Sale $565,000
  • 28 Aug 2019
    Listed for Rent $260 / week
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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 3,383 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 82 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 189 properties were sold in the past 12 months in Paynesville.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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