129A Newlands Drive, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

129A Newlands Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 230m2
Land area: 2265m2
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Property Details for 129a Newlands Dr, Paynesville

129a Newlands Dr, Paynesville is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 2005. The property has a land size of 2265m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Year Built
2005
Floor Size
230m2
Land Size
2265m2
Local Government
East Gippsland
Lot/Plan
2/PS534541

Last Listing description (September 2026)

Wake up to uninterrupted views across the Gippsland Lakes and experience a lifestyle that few properties can offer. Privately positioned on an expansive 2,265sqm (approx.) allotment in one of Paynesville's most tightly held waterfront settings, this remarkable residence combines architectural presence, exceptional space, and absolute connection to the water.Designed to make the most of its breathtaking outlook, the home delivers multiple living zones, generous accommodation, and seamless indoor-outdoor entertaining. Floor-to-ceiling glazing frames the ever-changing lake views, while balconies and outdoor spaces create a constant connection to the surrounding landscape.The luxurious master suite is a true retreat, complete with a walk-in robe, elegant ensuite, and a freestanding bath perfectly positioned to soak in the scenery. Two additional bedrooms each feature their own ensuites, built-in robes, and private balconies overlooking the water. A fourth oversized bedroom offers flexibility as a second living area, guest retreat, or studio space, while the dedicated study provides an inspiring work-from-home setting.At the centre of the home, the beautifully appointed kitchen is designed for both entertaining and everyday living, featuring 900mm appliances, stone benchtops, and a spacious walk-in pantry. Open-plan living and dining areas spill effortlessly outdoors to the north-facing entertaining zone, where a pizza oven and stunning waterfront backdrop set the scene for unforgettable gatherings.Thoughtfully equipped for modern living, the property includes ducted gas heating, multiple split systems, ducted vacuuming, and an impressive 12kW solar system paired with a new 30kW battery system for enhanced efficiency and sustainability.Beyond the home itself, the lifestyle infrastructure is exceptional. A double garage with workshop, substantial 9m x 6m shed, and indoor wine cellar provide outstanding functionality, while the powered waterfront boatshed and private deep-water jetty berth place the Gippsland Lakes quite literally at your doorstep.Perfectly located just moments from Paynesville's cafs, restaurants, and shopping precinct via the picturesque foreshore walking track, this is a rare opportunity to secure an extraordinary waterfront sanctuary in a blue-chip lakeside setting.View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 129a Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,500,000
14 Jan 2014
  • 22 Apr 2026
    Listed for Sale $1,750,000 Offers Considered
  • 04 Feb 2025
    Listed for Sale $2,000,000-$2,200,000
  • 14 Jan 2014
    Sold for $1,500,000
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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 3,317 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:

  • The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 72 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 185 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.