23 Esplanade, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

23 Esplanade
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 117m2
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Property Details for 23 Esplanade, Paynesville

Building Type
Commercial
Land Size
117m2
Local Government
East Gippsland
Lot/Plan
1/TP215030

Last Listing description (May 2021)

Located in a busy shopping strip which faces out to the lake, 23 Esplanade Paynesville is a brick shop which can be purchased as a freehold investment to run your own business. The business is also available as a going concern.

Property Code: 1140

Property History for 23 Esplanade, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$230,000
18 Nov 2020
Listed for Rent
$280/w
24 Jul 2014
  • 18 Nov 2020
    Sold for $230,000
  • 02 Oct 2019
    Listed for Sale $249,000
  • 30 Oct 2015
    Sold for $240,000
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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 3,324 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, 188 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.