39/5 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

39/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 149m2
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Property Details for 39/5 Canal Rd, Paynesville

39/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 149m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
149m2
Local Government
East Gippsland
Lot/Plan
39/PS337286

Last Listing description (August 2024)

Nestled within the exclusive Parkridge Village, this stylish over 55's unit offers a serene and secure lifestyle. The gated community boasts tranquil surroundings and convenient amenities, creating a haven for residents seeking comfort and convenience. Upon entering, you are greeted by an inviting open plan living room, perfect for relaxing or entertaining guests. The kitchen features electric cooking, dishwasher and ample storage space. The unit comprises two bedrooms, each complimented by built-in robes, providing plenty of storage. The bathroom, separate toilet and laundry with storage cater to practical needs, while the internal access garage with auto door adds convenience. Split system heating/cooling ensures year round comfort, while the sunny courtyard offers a delightful outdoor retreat. Residents can also enjoy access to communal facilities, including a club house with a plunge pool, library, meeting room/kitchen and there is extra parking for vans or boats. This property presents a unique opportunity to embrace a vibrant community lifestyle, offering.

Property History for 39/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$365,000
02 May 2024
  • 13 Jun 2024
    Listed for Sale $375,000
  • 02 May 2024
    Sold for $365,000
  • 20 Apr 2024
    Listed for Sale Under Contract
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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 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:

  • The median value for Houses in Paynesville is $581,266 while the median value for Units is $381,129.
  • Houses have a median rent of $500 while Units have a median rent of $383.
There are currently 104 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 169 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.