3/120 Grandview Rd, Paynesville, VIC 3880 sold on 09 July 2025 | OnTheHouse
SOLD
Sold on 09 Jul 2025 for $545,000

Grandview Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 699m2
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Property Details for 3/120 Grandview Rd, Paynesville

3/120 Grandview Rd, Paynesville is a 3 bedroom, 2 bathroom Unit. The property has a land size of 699m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Land Size
699m2
Local Government
East Gippsland
Lot/Plan
3/PS903612

Last Listing description (August 2025)

This brand new, beautifully finished 3-bedroom home is tucked away on a quiet, private road just a short stroll from the walking track below Newlands Drive. Light-filled and inviting, the open plan living area includes a great kitchen with walk-in pantry, perfect for everyday cooking or entertaining. The main bedroom features a smart ensuite and walk-in robe, while the two guest bedrooms include built-in robes and are serviced by a central bathroom, separate toilet, and full laundry. Comfort is covered year-round with panel heating in all bedrooms and a reverse-cycle air conditioner in the living space. Outside features a 5,500-litre water tank and low-maintenance surroundings, ideal for a modern and relaxed lifestyle.

Property History for 3/120 Grandview Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$545,000
09 Jul 2025
  • 09 Jul 2025
    Listed for Sale $549,000
  • 09 Jul 2025
    Sold for $545,000
  • 05 Jul 2024
    Transferred
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of 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 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 170 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.