16 Eagle Bay Terrace, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
FOR SALE

16 Eagle Bay Terrace
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 945m2
This property is currently on the market
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Property Details for 16 Eagle Bay Tce, Paynesville

16 Eagle Bay Tce, Paynesville is a 0 bedroom, 0 bathroom House. The property has a land size of 945m2.This Property is currently listed for sale with LJ Hooker Paynesville

Building Type
House
Land Size
945m2
Local Government
East Gippsland
Lot/Plan
44/PS524610

Last Listing description (October 2025)

Situated in a highly sought after area, this 945m2 block offers breath taking views of Lake King and the mountains beyond. Located within a prestigious estate, the property presents an ideal opportunity to design and build your dream home taking advantage of the north aspect in this exclusive neighbourhood surrounded by high quality homes. All services, including gas, are available at the property. This location offers the perfect balance of tranquility and convenience, with local amenities and Paynesville's charming waterfront attractions just moments away.

Property History for 16 Eagle Bay Tce, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$165,000
03 Oct 2016
  • 02 Oct 2024
    Listed for Sale $405,000
  • 03 Oct 2016
    Sold for $165,000
  • 08 Sep 2015
    Listed for Sale $165,000
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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 3,320 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 75 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 181 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.