40 Cumming Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
 
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40 Cumming Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 116m2
Land area: 1042m2
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Last updated 1 Dec 2025
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Property Details for 40 Cumming St, Paynesville

40 Cumming St, Paynesville is a 3 bedroom, 1 bathroom House. The property has a land size of 1042m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Floor Size
116m2
Land Size
1042m2
Local Government
East Gippsland
Lot/Plan
29/LP25176

Last Listing description (September 2016)

This beautiful home is the original Swan Reach School house. Moved to Paynesville in the 90's & lovingly renovated to incorporate the older style with the modern pleasures we all enjoy. Boasting a pristine new kitchen with stainless steel Bosch appliances, polished timber floors, solid wood heater, updated bathroom and laundry, you would be hard pressed to find a character home in such great condition. The home also has 3 spacious bedrooms each with built-in robes and 12 foot high ceilings. Being on over 1000sqm of land there is great potential for shedding alongside the already established veggie patch and fruit trees. A rear deck for entertaining and enjoying the morning sun ties this property in perfectly. Character homes of this quality are never on the market long, so ask to see it today or you might miss out!

Property History for 40 Cumming St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$295,000
22 Sep 2016
Listed for Rent
$240/w
14 Nov 2013
  • 22 Sep 2016
    Sold for $295,000
  • 24 May 2016
    Listed for Sale $295,500
  • 15 Nov 2013
    Sold for $215,000
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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 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 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 168 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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