3/5 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

3/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 222m2
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Property Details for 3/5 Canal Rd, Paynesville

3/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2001. The property has a land size of 222m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Townhouse
Year Built
2001
Floor Size
83m2
Land Size
222m2
Local Government
East Gippsland
Lot/Plan
3/PS337286

Last Listing description (July 2018)

Stylish north facing villa situated in the popular Parkridge over 55's Village offering open plan living, two spacious bedrooms each with bir's, bathroom with walk-in shower and WC, laundry, second WC, internal access to garage with private entry from Canal Road. Freshly painted internally, split system, gas stove and heater and private rear yard. Communal club house, pool, vegetable garden, library, workshop and parking for vans or extra vehicles.

Property History for 3/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$243,000
10 May 2018
  • 10 May 2018
    Sold for $243,000
  • 24 Oct 2017
    Listed for Sale $255,000
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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 3,328 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:

  • The median value for Houses in Paynesville is $589,506 while the median value for Units is $396,453.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 86 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 179 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.