15/5 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

15/5 Canal Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 301m2
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Property Details for 15/5 Canal Rd, Paynesville

15/5 Canal Rd, Paynesville is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 301m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
301m2
Local Government
East Gippsland
Lot/Plan
15/PS337286

Last Listing description (April 2022)

This lovely unit is situated in Parkridge Village for over 55’s and comprises lounge/dining/kitchen which opens out onto the sunny paved courtyard. Kitchen with Belling stove, dishwasher and lots of bench space. There are two bedrooms, each with BIR's, study, bathroom with double sized shower, vanity and toilet. The laundry has lots of storage including a linen cupboard and there is a second separate toilet. Single car garage and solar panels to reduce your energy bill.

Property History for 15/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$370,000
20 Jan 2022
  • 04 Mar 2022
    Listed for Sale $385,000
  • 20 Jan 2022
    Sold for $370,000
  • 14 Jan 2015
    Sold for $265,000
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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 3,335 properties. Over the last 5 years, Houses in Paynesville have seen a 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:

  • The median value for Houses in Paynesville is $581,266 while the median value for Units is $381,129.
  • Houses have a median rent of $500 while Units have a median rent of $383.
There are currently 102 properties listed for sale, and 10 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.