2/5 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

2/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 223m2
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Property Details for 2/5 Canal Rd, Paynesville

2/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 223m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2013.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
223m2
Local Government
East Gippsland
Lot/Plan
2/PS337286

Last Listing description (November 2013)

QUALITY VILLA
Enjoy the relaxed lifestyle this over 55's village offers. Quality villa featuring two bedrooms plus study, open plan living with timber kitchen complete with brand new Bosch wall oven, gas cook top and dishwasher, natural gas log heater and HWS, split system, updated carpets, quality drapes, bathroom with bath, shower and toilet, second toilet, private courtyard and internal access to garage with auto door and private entry from Canal Road. Village facilities include: Clubhouse with large community room, kitchen, games room, craft room, library, toilets, pool and gym complex. There is also a village workshop, community vegetable garden and carpark for 2nd vehicle or caravan.

Property History for 2/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$255,000
27 Nov 2013
  • 27 Nov 2013
    Sold for $255,000
  • 06 Nov 2013
    Listed for Sale PLEASE CALL
  • 11 Jan 2013
    Listed for Sale $289,000
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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 3,325 properties. Over the last 5 years, Houses in Paynesville have seen a 23.00% increase in median value, while Units have seen a 29.09% increase. As at 30 June 2026:

  • The median value for Houses in Paynesville is $606,878 while the median value for Units is $416,168.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 81 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 190 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.