14/5 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

14/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 252m2
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Property Details for 14/5 Canal Rd, Paynesville

14/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 252m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2001
Land Size
252m2
Local Government
East Gippsland
Lot/Plan
14/PS337286

Last Listing description (November 2022)

Situated in the gated Over 55's Parkridge Village, this spacious unit features 2 bedrooms plus study, open plan kitchen, dining, lounge, large bathroom with walk-in shower and two toilets. Other features include separate full size laundry, plenty of storage, reverse cycle heating and cooling. Enjoy your own private courtyard or mingle with the other residents in the communal clubrooms, swimming pool and veggie garden. There's also a communal workshop and extra parking.

Property Code: 218

Property History for 14/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$375,000
08 Nov 2022
  • 08 Nov 2022
    Sold for $375,000
  • 19 Oct 2022
    Listed for Sale $369,000
  • 11 Dec 2015
    Transferred
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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, 169 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.