Ilfracombe WayPaynesville VIC 3880
Property Details for 37 Ilfracombe Way, Paynesville
37 Ilfracombe Way, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 514m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Paynesville in the last 12 months.
Last Listing description (August 2026)
An outstanding investment opportunity in a prime Paynesville location, this well-presented 3-bedroom, 2-bathroom home is currently tenanted until early 2027, providing immediate rental return and long-term security for investors. Positioned directly opposite the Paynesville Park Reserve and near the Early Learning Centre, the property offers excellent lifestyle appeal for families and future tenants alike. Spacious and functional in design, the home combines comfortable living with a highly convenient setting close to local amenities, schools, parks and waterfront attractions. A solid addition to any investment portfolio with reliable tenancy already in place.
Property History for 37 Ilfracombe Way, Paynesville, VIC 3880
- 25 Aug 2026Listed for Sale $595,000
- 25 Aug 2026Sold for $553,000
- 17 Nov 2025Listed for Rent $490 / week
Recent sales nearby
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0About 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 3,321 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.
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