157 Newlands Drive, Paynesville, VIC 3880 sold on 15 May 2025 | OnTheHouse
 
SOLD
Sold on 15 May 2025 for $1,480,000

157 Newlands Drive
Paynesville VIC 3880

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
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Property Details for 157 Newlands Dr, Paynesville

157 Newlands Dr, Paynesville is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1965. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
1965
Local Government
East Gippsland
Lot/Plan
1/TP551644

Last Listing description (July 2023)

EXCLUSIVE WATERFRONT HOME JETTY BERTH INCLUDED

Set on the water, on the highly sought after Newlands Drive, this spacious property is set to impress! With gardens that flow down to the water where you have use of your own private deep water jetty berth, properties of this caliber are a rare find. This 5 bedroom home has 3 bathrooms and 2 living zones, allowing plenty of room for even the largest of families to spread out comfortably and relax. The large entertaining kitchen offers amazing views over the gardens, Gippsland Lakes and Newlands Arm to the East. The property also offers a courtyard, a large deck and safe off-street parking for 5 cars. Conveniently located, the property is a 15 minute walk from the bottom of the garden around the lake to Paynesville. This property is fully furnished and available for short or long term lease. Solar power also included. The property includes a double lock up garage, the other double garage is not included in the rent. Don't let this one pass you by, enquire today!

Property History for 157 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,480,000
15 May 2025
  • 23 May 2023
    Listed for Rent $650.00 per week
  • 09 Jul 2019
    Listed for Sale $999,000
  • 22 Apr 2011
    Listed for Rent - Price not available
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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.

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