4/120 Grandview Road, Paynesville, VIC 3880 sold on 02 October 2026 | OnTheHouse
SOLD
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Sold on 02 Oct 2026 for $235,000

4/120 Grandview Road
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1003m2
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Property Details for 4/120 Grandview Rd, Paynesville

Building Type
Land
Land Size
1003m2
Local Government
East Gippsland
Lot/Plan
4/PS903612

Last Listing description (October 2026)

Positioned along a private road, this generous 1,003sqm allotment presents an excellent opportunity to build your ideal home in a peaceful and established setting.

Offering plenty of space to create a home that suits your lifestyle, the block provides a great balance of privacy and convenience with local amenities and the waterfront surrounds of Newlands Arm within easy reach.

Whether you are looking to build your permanent home or a relaxed coastal retreat, this spacious allotment provides the room and flexibility to bring your plans to life.

A great opportunity to secure a sizeable parcel of land in a quiet location and create something of your own.

Property History for 4/120 Grandview Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$235,000
02 Oct 2026
  • 02 Oct 2026
    Sold for $235,000
  • 03 Sep 2026
    Listed for Sale $255,000
  • 11 Mar 2025
    Sold for $224,000
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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 3,386 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:

  • The median value for Houses in Paynesville is $595,888 while the median value for Units is $387,576.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 83 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 192 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.