42 Wellington Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

42 Wellington Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 131m2
Land area: 453m2
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Last updated 21 Sep 2026
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Property Details for 42 Wellington St, Paynesville

42 Wellington St, Paynesville is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 453m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Floor Size
131m2
Land Size
453m2
Local Government
East Gippsland
Lot/Plan
1/PS523940

Last Listing description (November 2025)

Perfectly positioned in the heart of town on a 453m2 allotment, this delightful home offers a relaxed coastal lifestyle with all conveniences just minutes away. The light filled open plan living area features an updated kitchen with white cabinetry, timber look benchtops, dishwasher and under bench electric oven and cooktop, all complemented by stylish timber look flooring for a fresh coastal feel.
The home comprises three bedrooms, including a master with built-in robes, a bathroom with shower, vanity and WC, plus the bonus of a separate second toilet. Comfort is assured year round with split system heating and cooling.

Front and rear verandahs provide inviting spaces to relax or entertain, while the attractive garden and handy storage shed complete the picture. Enjoy morning strolls along the foreshore, browse the shops, or dine at one of the many nearby restaurants - all without needing the car.

Property History for 42 Wellington St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$200,000
23 Feb 2017
Listed for Rent
$230/w
15 Apr 2015
  • 15 Aug 2025
    Listed for Sale $420,000
  • 24 Mar 2017
    Listed for Sale $210,000
  • 06 Mar 2017
    Listed for Sale $210,000
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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 3,379 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 76 properties listed for sale, and 15 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 185 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.