41/5 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

41/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 173m2
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Property Details for 41/5 Canal Rd, Paynesville

41/5 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 173m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2001
Land Size
173m2
Local Government
East Gippsland
Lot/Plan
41/PS337286

Last Listing description (August 2022)

Treat yourself to a view in retirement! The elevated position of Villa 41 sets it apart in Parkridge Village, with views over Paynesville to Raymond Island. An abundance of natural light fills the spacious open plan kitchen/dining and living area that take full advantage of the view, and with easy access to a generous undercover veranda, you are set to relax in retirement. Two ample sized bedrooms with built-in-robes, main bedroom with ceiling fan and easy access to bathroom with toilet directly opposite, laundry, separate toilet, single garage with internal access and storage, reverse cycle heating and cooling and ceiling fan. Being a part of the Parkridge Village includes enjoying the many features such as community clubhouse, indoor heated pool and spa, workshop, carwash bay, boat and caravan parking bay, vegetable garden, landscaped gardens and paths, security entry and all only a minutes' drive from Paynesville shopping and foreshore. If your idea of retirement includes a sense of space, open outlooks and an ease of living, Villa 41 is a must see! Call for an inspection today. Open 7 days.

Property History for 41/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$355,000
27 Jul 2022
  • 27 Jul 2022
    Sold for $355,000
  • 19 May 2022
    Listed for Sale $385,000
  • 25 Jun 2008
    Transferred
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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, 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.