5 Magnolia WayPaynesville VIC 3880
Property Details for 5 Magnolia Way, Paynesville
5 Magnolia Way, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 1192m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Last Listing description (June 2019)
Positioned on one of Paynesville's pristine fresh water lakes in a quiet cul-de-sac this home flaunts two living areas, stylish stone-topped kitchen with walk-in pantry, 900mm gas/electric oven and dishwasher. Glass sliding doors open to laidback alfresco areas. Master suite includes spacious walk-in robe, ensuite, separate toilet and glass sliding doors open to the waterfront. Two further bedrooms each with bir's, study and direct access to oversized garage with auto door. Additional features include 9' ceilings, LED lights, ducted gas heating, evaporative cooling and solar hot water. Attractive gardens complete this special package.
Property History for 5 Magnolia Way, Paynesville, VIC 3880
- 15 Jan 2019Sold for $480,000
- 10 Nov 2018Listed for Sale $495,000
- 12 Jun 2012Sold for $102,000
Recent sales nearby
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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.
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