5/3 Erickson LanePaynesville VIC 3880
Property Details for 5/3 Erickson Lane, Paynesville
5/3 Erickson Lane, Paynesville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1176m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (March 2023)
Your chance to own a commanding lake view in the heart of Paynesville's village center and only across the road from the beach. The stunning architect designed apartment boasts light filled open plan kitchen/living/dining with soaring ceilings and flows freely onto the tiled balcony for entertaining and taking in the sun and lake views. Freshly painted internally with new carpets, three bedrooms all with built-in robes, master with ensuite and private sunny balcony, family bathroom in soft neutral tones and cleverly concealed laundry. Secure car parking with double lock-up garage with auto door. Additional features include : mains gas log fire, split system, dishwasher, intercom system and electric roof windows. Low maintenance, convenient living is assured on what can simply be described as one of Paynesville's best locations.
Property History for 5/3 Erickson Lane, Paynesville, VIC 3880
- 29 Nov 2022Sold for $660,000
- 23 Nov 2022Listed for Sale $699,000
- 20 Feb 2021Sold for $510,000
Recent sales nearby
See more recent sales nearby/assets/perm/xb56sabqzui6zmptdu3p3xlhre?signature=8f32b58eb8d6acb265057a9aa5c89508c1357460a7ceb41d03465ad198794f36){kind=logo}
0
/assets/perm/ppe24ln6tai6nastgpl6iuhlxe?signature=f3759d2d81fbde220d762306d098b343a15dd81d052a7b83b8a9ca1d303b058a){kind=logo}
0
/assets/perm/awmg3vx6wmi63diw64exj4ldzm?signature=c14a2418f4eba83f685df708978484d83e563fc749ee4158c0d55ef968da2d6a){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 3,320 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:
- The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
- Houses have a median rent of $500 while Units have a median rent of $390.
Suburb Insights for Paynesville 3880
Market Insights
Paynesville Trends for Houses
N/A
N/A
View TrendN/A
N/A
Paynesville Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
