28 Toonalook Parade, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

28 Toonalook Parade
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 154m2
Land area: 797m2
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Property Details for 28 Toonalook Pde, Paynesville

28 Toonalook Pde, Paynesville is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 797m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
House
Year Built
1940
Floor Size
154m2
Land Size
797m2
Local Government
East Gippsland
Lot/Plan
1/TP190292

Last Listing description (September 2025)

Looking to secure your first home or perhaps an investment property by the water? 28 Toonalook Parade is a prime opportunity offering three large bedrooms, a lounge, dining and sitting room all while being less than a 600 metre walk to the water.

The house will need some love to bring it back to its prime, however being constructed from Besser Bricks the bones of the house are as solid as the day it was built. Having been recently painted internally the house offers a spacious and affordable option for anyone looking to break into the property market.

The generously sized and secure front yard provides the prefect space to play and garden in the warm natural light, while the concrete driveway leads through the attached carport, to a large, powered 6x6 metre shed and private backyard.

Book your inspection time today, as opportunities like this in Paynesville don't last long!

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

Property History for 28 Toonalook Pde, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$305,000
28 May 2025
  • 28 May 2025
    Sold for $305,000
  • 16 Apr 2025
    Listed for Sale $340,000
  • 11 Jan 2013
    Sold for $175,500
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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 3,320 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:

  • The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 77 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 184 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.