5 Eagle Bay Terrace, Paynesville, VIC 3880 sold on 05 August 2025 | OnTheHouse
 
SOLD
Sold on 05 Aug 2025 for $755,000

5 Eagle Bay Terrace
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 625m2
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Property Details for 5 Eagle Bay Tce, Paynesville

5 Eagle Bay Tce, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 625m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Floor Size
190m2
Land Size
625m2

Last Listing description (August 2025)

Set in one of Paynesville's most well-regarded streets and surrounded by other high-quality homes, 5 Eagle Bay Terrace presents a fantastic opportunity for buyers seeking space, comfort and a home that's been thoughtfully designed and built with care.

From the moment you step inside, the quality is clear, high 9-foot ceilings, wide 920mm doorways, double glazing throughout, and high-grade flooring and window furnishings all set the tone for what's to come. The floorplan is smart and well-balanced, offering two generous living zones: a formal lounge or theatre room at the front of the home, and a light-filled open-plan kitchen, dining and family area at the rear, opening seamlessly to the alfresco and backyard.
The kitchen is a real standout featuring stone benchtops, quality appliances, soft-close drawers and loads of storage. Whether you're cooking for the family or entertaining guests, this space makes it easy. The main living area is kept comfortable all year round with split system heating and cooling, plus ducted gas heating throughout.

There are three spacious bedrooms, with the master suite privately positioned and featuring a large walk-in robe and a sleek ensuite with full floor-to-ceiling tiling and an oversized waterfall shower. The remaining two bedrooms are located at the other end of the home, serviced by a central bathroom and a separate third toilet positioned in the generous laundry which also offers excellent bench space and plenty of built-in storage.

Outside, there's even more to love. The fully enclosed, undercover alfresco area is ideal for year-round entertaining and comes complete with a built-in BBQ and outdoor heater. The backyard is beautifully maintained with lush lawns, established gardens, a veggie patch, and a good-sized shed for extra storage or a workshop. There's also a large concrete pad at the side of the home, perfect for storing a caravan, boat or additional vehicles. The oversized double garage includes built-in shelving, offering even more storage and practicality.

Additional features include:
- 6.6kW solar power system with 24 panels
- Large solar hot water system
- Ceiling fans throughout
- Wide doorways for accessibility
- Custom built-in timber feature unit to passage way

This is a home that ticks all the boxes for lifestyle, comfort and quality. Book your inspection today and see it for yourself.

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Property History for 5 Eagle Bay Tce, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$755,000
05 Aug 2025
  • 18 Jul 2025
    Sold for $755,000
  • 24 Jun 2025
    Listed for Sale $765,000
  • 04 Jul 2022
    Sold for $770,000
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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 3,332 properties. Over the last 5 years, Houses in Paynesville have seen a 20.72% increase in median value, while Units have seen a 29.94% increase. As at 31 January 2026:

  • The median value for Houses in Paynesville is $555,621 while the median value for Units is $392,121.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 100 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 176 properties were sold in the past 12 months in Paynesville.

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Todd Leggatt
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King & Heath First National - PAYNESVILLE
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