2/1 Mara Close, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
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2/1 Mara Close
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 347m2
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Property Details for 2/1 Mara Cl, Paynesville

2/1 Mara Cl, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 347m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Land Size
347m2
Local Government
East Gippsland
Lot/Plan
2/SP25110

Last Listing description (February 2024)

Welcome to the coastal escape you've always dreamed of, combined with the comfort and convenience of a modern home - all in one spectacular package. Nestled in the heart of Gippsland, this charming two-bedroom, one-bathroom unit in Paynesville is the perfect choice for savvy investors and downsizers alike.

This renovated unit boasts all the creature comforts you could possibly need. With a sleek, modern kitchen that will inspire even the most discerning of chefs, an open plan lounge/dining area, and split system heating & cooling for year-round comfort, this home is the epitome of modern living.

The two bedrooms come complete with built-in wardrobes, while the central bathroom is the perfect space to unwind after a long day. Outside, the large covered alfresco area offers an idyllic setting for entertaining guests or simply relaxing with a good book.

With updated flooring, a remote garage, and a fully fenced, secure yard, this property offers everything you need to live your best life. Located on a peaceful street, you're just a stone's throw away from local shops, restaurants, and cafes.

Currently leased for $360 per week until 7 March 2024, this property offers an exceptional investment opportunity that cannot be missed. Don't miss your chance to live the dream - enquire now!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 2/1 Mara Cl, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$385,000
04 Jul 2023
Listed for Rent
$360/w
31 Jan 2022
  • 04 Jul 2023
    Sold for $385,000
  • 12 Apr 2023
    Listed for Sale $399,000
  • 31 Jan 2022
    Listed for Rent $360 / week
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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 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 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 168 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.