2/1 Rex StreetPaynesville VIC 3880
Property Details for 2/1 Rex St, Paynesville
2/1 Rex St, Paynesville is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 447m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom Unit sold in Paynesville in the last 12 months.
Last Listing description (April 2026)
Beautifully maintained and perfectly positioned on a low maintenance allotment, this inviting home offers a relaxed lifestyle with all the comforts in place. The spacious open plan living area enjoys a desirable northern aspect, filling the home with natural light and seamlessly extending to a covered outdoor entertaining area, ideal for year round enjoyment.
The well appointed kitchen features electric cooking, a dishwasher and a generous walk-in pantry, making everyday living both practical and convenient. Three good sized bedrooms provide comfortable accommodation, with the master suite complete with a walk-in robe and private ensuite, while a central bathroom and separate toilet service the remainder of the home.
An excellent opportunity for downsizers, first home buyers, or investors seeking a move in ready property in a neat and tidy setting.
Property History for 2/1 Rex St, Paynesville, VIC 3880
- 15 Apr 2026Listed for Sale Sold
- 13 Mar 2026Sold for $510,000
- 05 Nov 2011Sold for $305,000
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0About 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 3,325 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:
- The median value for Houses in Paynesville is $589,506 while the median value for Units is $396,453.
- Houses have a median rent of $500 while Units have a median rent of $390.
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