126 Newlands Drive, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

126 Newlands Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 160m2
Land area: 875m2
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Last updated 31 Aug 2026
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Property Details for 126 Newlands Dr, Paynesville

126 Newlands Dr, Paynesville is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 875m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1975
Floor Size
160m2
Land Size
875m2
Local Government
East Gippsland
Lot/Plan
7/LP73948

Last Listing description (July 2026)

This well-located two-storey home offers plenty of space and flexibility, perfect for families or anyone needing extra room.

Downstairs features a bedroom with a small ensuite, plus a study or optional fourth bedroom, an additional multipurpose room and laundry. Upstairs you’ll find an open-plan kitchen, dining and living area with reverse-cycle air conditioning and a gas log fire, along with two good-sized bedrooms and a central bathroom.

Enjoy elevated views from the balcony, internal and external stair access, and a well maintained backyard. The property also includes a carport with covered access, plus a double shed and side driveway for extra storage or parking.

A comfortable, practical home in a convenient Paynesville location.

Property History for 126 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$605,000
07 Jul 2023
Listed for Rent
$490/w
10 Jun 2026
  • 10 Jun 2026
    Listed for Rent $490 / week
  • 22 Jan 2026
    Listed for Rent $490 / week
  • 21 Feb 2025
    Listed for Rent $460 / 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 3,379 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.
There are currently 77 properties listed for sale, and 16 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.