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

129B Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 1491m2
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Property Details for 129b Newlands Dr, Paynesville

129b Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1491m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Land Size
1491m2
Local Government
East Gippsland
Lot/Plan
1/PS534541

Last Listing description (September 2018)

Spacious refurbished home offering glimpses of the lake on large 1491m2 allotment with direct access to the waterfront and your own jetty berth. Offers kitchen/meals/family room, lounge room which opens to the extensive entertaining deck, three bedrooms, study, main bedroom with ensuite and walk-in robe and laundry. Ducted gas heating, solid fuel heating, split system, two wall ovens and dishwasher. Moving outside there is a double garage and carport. Adjoins walking track along the waters edge to the shops. Water access and views but with lots of privacy - the best of both worlds!

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

A timeline of how this property has performed in the market
Last Sold
$670,000
01 Aug 2018
Listed for Rent
30 Aug 2017
  • 01 Aug 2018
    Sold for $670,000
  • 02 Mar 2018
    Listed for Sale $679,000
  • 10 Aug 2017
    Listed for Rent $430 / 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 3,313 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 15 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 183 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.