31 Newlands Drive, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

31 Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 176m2
Land area: 1055m2
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Property Details for 31 Newlands Dr, Paynesville

31 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 1055m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
House
Year Built
1965
Floor Size
176m2
Land Size
1055m2
Local Government
East Gippsland
Lot/Plan
1/PP5627

Last Listing description (August 2024)

Discover the epitome of lakeside living in this beautifully maintained 3-bedroom, 2-bathroom character home, nestled in the heart of Paynesville. With a perfect blend of timeless charm and modern comforts, this property offers a Tranquil escape while boasting some of the best views of the serene lake.

As you step inside, you're greeted by an elegantly designed living area where natural light floods through large windows, perfectly framing the breathtaking scenery. The open-plan design seamlessly connects the living, dining, and kitchen areas, creating a relaxing space for family gatherings and entertaining.

Each of the three spacious bedrooms offers a masterful retreat, with the master bedroom featuring an ensuite bathroom for added convenience.

Outside, the deck is where you'll want to spend your days-whether you're Yearning for a quiet morning coffee, hosting a lively barbecue, or simply unwinding as the sun sets over the water. The large backyard offers plenty of space for gardening, play, or relaxation, all while taking in the stunning views.

Situated in a wonderfully sought-after location, this home provides access to local amenities and waterfront activities. Whether you're looking for a permanent residence or a holiday getaway, this property is a rare find that promises to make every day feel like a spectacular retreat.

Don't miss the opportunity to own this slice of paradise in Paynesville. Homeowners and investors alike will appreciate the chance to be part of this extraordinary community. Ring us and enquire today to experience the magic of lakeside living.

Property History for 31 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,200,000
24 Jul 2024
  • 15 Aug 2024
    Listed for Sale $1,200,000
  • 24 Jul 2024
    Sold for $1,200,000
  • 16 Feb 2012
    Listed for Sale $698,000
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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 3,315 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 72 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.