23/5 Canal Road, Paynesville, VIC 3880 sold on 01 October 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 01 Oct 2026 - Price Unavailable

23/5 Canal Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 425m2
Sold By
agent headshot
Beadle Real Estate
Save

Property Details for 23/5 Canal Rd, Paynesville

23/5 Canal Rd, Paynesville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 425m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 3 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
126m2
Land Size
425m2
Local Government
East Gippsland
Lot/Plan
23/PS337286

Last Listing description (October 2026)

Tucked away in the quiet back corner of the popular Parkridge Retirement Village, this beautifully maintained freestanding home offers an enviable combination of privacy, space and easy living for those aged 55 and over.

Set on a generous 425sqm allotment, this property is a standout within the village as the only home offering a double garage, while also providing three bedrooms, two bathrooms and plenty of space both inside and out.

Inside, the home features an open-plan kitchen, dining and living area, creating a comfortable space for everyday life. The kitchen is equipped with an electric cooktop, wall oven and dishwasher.

The third bedroom is a particularly versatile space, filled with beautiful sunshine and ideally suited as a study, home office or peaceful home library.

Stepping outdoors, the property really comes into its own. The beautifully established gardens create a private and tranquil setting, while the generous outdoor area provides the perfect place to enjoy your morning coffee, entertain friends or simply relax in the sunshine.

Positioned at the very back of the village, the home enjoys a wonderful sense of peace and privacy, with no through traffic and a lovely established garden outlook.

Practical features include internal access from the double garage directly into the home, 12 solar panels, a split-system air conditioner and a recently replaced hot water service.

Residents of Parkridge also have access to a fantastic range of communal facilities, including a clubhouse, swimming pool, library, workshop and community vegetable garden, as well as additional parking for caravans or boats.

With secure gated access and convenient proximity to town and bus stops, this is a wonderful opportunity to enjoy a relaxed and low-maintenance lifestyle while still having the space and privacy of a freestanding home.

Contact Beadle Real Estate for an inspection today:

Wendy - 0467 032 010

Amanda - 0400 565 740

Property Code: 419

Property History for 23/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
01 Oct 2026
  • 01 Oct 2026
    Sold
  • 03 Sep 2026
    Listed for Sale $545,000
  • 30 Aug 2012
    Sold for $350,000
Sign in to see more transactions
Commute Calculator

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 3,379 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:

  • The median value for Houses in Paynesville is $595,888 while the median value for Units is $387,576.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 84 properties listed for sale, and 13 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

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.