44/5 Canal Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

44/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 194m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 44/5 Canal Rd, Paynesville

44/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 194m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2000
Floor Size
83m2
Land Size
194m2
Local Government
East Gippsland
Lot/Plan
44/PS337286

Last Listing description (November 2025)

Located in the secure and sought-after over 55's Parkridge Village community in Paynesville, Villa 44 boasts a desirable corner position with a sunny north and east-facing aspect.
This low-maintenance home features two bedrooms, both fitted with fan lights, and a spacious open-plan kitchen complete with an island bench and abundant cupboard space. The large bathroom includes a walk-in shower, vanity, toilet, and generous storage. A separate laundry adds even more cupboard space and a convenient second toilet.
The enclosed backyard is private and easy to maintain, perfect for relaxing and enjoying the North East sun. A remote-controlled garage offers secure parking with internal access, and additional spaces for visitors and caravans are available within the village.

Recently equipped, enjoy the benefits of 15 solar panels and a battery system, helping to reduce energy costs and increase efficiency.
Residents of Parkridge Village enjoy access to a well-equipped community centre, featuring a library, kitchen, jet pool and billiard room-ideal for socialising and leisure.

Don't miss out on this opportunity to begin your next chapter within the safe and welcoming community.

Property History for 44/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$425,000
29 Jul 2024
  • 23 Oct 2025
    Listed for Sale $430,000
  • 29 Jul 2024
    Sold for $425,000
  • 07 Mar 2024
    Listed for Sale $425,000
Sign in to see more transactions
Commute Calculator

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, 170 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.