31B Paynesville Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
 
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31B Paynesville Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 399m2
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Property Details for 31b Paynesville Rd, Paynesville

31b Paynesville Rd, Paynesville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 399m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
2005
Floor Size
162m2
Land Size
399m2
Local Government
East Gippsland
Lot/Plan
2/PS639161

Last Listing description (September 2024)

Spacious modern home in Paynesville, with small parcel of land at the end of a common driveway. Open-plan layout, including a massive formal lounge with plenty of natural light through to kitchen & meals area, opening to a west-facing undercover alfresco area with roll-down blinds. Main bedroom with WIR and ensuite. 2 additional guest bedrooms with BIR's, main bathroom, separate toilet, and laundry. A large double garage offers ample space for parking, along with additional storage or a work area. This home would be ideal for those looking for a comfortable, private retreat with plenty of living space and modern conveniences including ducted gas heating & R/C aircon

Property History for 31b Paynesville Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$475,000
12 Aug 2024
  • 12 Aug 2024
    Sold for $475,000
  • 13 Jun 2024
    Listed for Sale $499,995
  • 24 Oct 2012
    Listed for Sale $311,000
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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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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