17 Marina Drive, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
 
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17 Marina Drive
Paynesville VIC 3880

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Property Details for 17 Marina Dr, Paynesville

Building Type
Land
Local Government
East Gippsland
Lot/Plan
19/LP55819

Last Listing description (November 2023)

Vacant Land Opportunity! Water Views!

Set on the shores of the Gippsland Lakes is this fully fenced vacant land, with endless possibilities of uninterrupted water view across the lake.

This is one of the last vacant blocks available on Fort King Island, close to walking tracks and a boat ramp only metres away. With a generous size block of 580m2, with a large 17m frontage, suitable for many designs.

The idyllic township of Paynesville is only a short trip away, with access to Raymond Island, shops and picturesque coastal walks.

Vacant land in this area is a rare find, find out more about this exceptional opportunity!

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Property History for 17 Marina Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$240,000
09 Jul 2023
  • 03 Nov 2023
    Listed for Sale Not Disclosed
  • 14 Jul 2022
    Listed for Sale $245,000 Motivated Vendors
  • 28 Apr 2020
    Listed for Sale $140,000
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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 3,313 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.

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