44/1 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

44/1 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 44/1 Canal Rd, Paynesville

44/1 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
East Gippsland

Last Listing description (May 2015)

PARKRIDGE VILLAGE - PAYNESVILLE

PARKRIDGE VILLAGE is a popular choice for the over 55s. This unique development of fifty individually titled FREEHOLD villas is designed for independent living and is situated in the heart of Paynesville. There are NO DEFERRED MANAGEMENT FEES.
VILLA 44 is located on a corner allotment with easy access to the clubhouse. A special feature is the private rear courtyard, Other features include a large open plan living area with upgraded modern kitchen, 2 double bedrooms, bathroom with toilet plus a second separate toilet, laundry and a single car garage.
OTHER AMENITIES INCLUDE:

* Club house incorporating a large community room, library, craft room, billiard room, kitche, change rooms and an indoor heated pool
* Community Workshop, car wash bay and vegetable garden
* Additional parking area for boats, caravans and extra cars
* Landscaped gardens and common areas
* Security gate and limited access for a secure, safe environment

Property History for 44/1 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
  • 15 May 2015
    Listed for Sale $279,000
  • 21 May 2013
    Sold - Price Undisclosed
  • 28 Mar 2013
    Listed for Sale $279,000
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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.

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.