12 Simpson Street, Paynesville, VIC 3880 sold on 10 October 2025 | OnTheHouse
SOLD
Sold on 10 Oct 2025 for $449,000

12 Simpson Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
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Property Details for 12 Simpson St, Paynesville

12 Simpson St, Paynesville is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1985. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
1985
Local Government
East Gippsland
Lot/Plan
78/LP30553

Last Listing description (May 2016)

HIDDEN TREASURE - DOWN TOWN

Perfectly located in the heart of Paynesville, this charming cottage is just a stroll to shops, cafes, restaurants and the beach. Situated at the back of a large allotment in a quiet street there is potential for further subdivision subject to planning regulations.
FEATURES INCLUDE:
- Open plan kitchen, dining and lounge areas with garden views

- Sun room and study (or third bedroom)
- Large laundry/utility room
- 2 double bedrooms
- Outdoor entertaining area and sunny rear yard with shed and garage
- Natural gas log fire and air-conditioner
It's becoming increasingly difficult to find a quality down town residence in Paynesville and this property will certainly attract interest. BE QUICK!!

Property History for 12 Simpson St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$449,000
10 Oct 2025
  • 15 Jun 2016
    Sold - Price Undisclosed
  • 08 Apr 2016
    Listed for Sale $295,000
  • 05 Jun 2013
    Listed for Sale $259,000
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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

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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.