5 Magnolia Way, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
 
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5 Magnolia Way
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 1192m2
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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.

Building Type
House
Year Built
2012
Floor Size
162m2
Land Size
1192m2
Local Government
East Gippsland
Lot/Plan
30/PS514248

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

A timeline of how this property has performed in the market
Last Sold
$480,000
15 Jan 2019
  • 15 Jan 2019
    Sold for $480,000
  • 10 Nov 2018
    Listed for Sale $495,000
  • 12 Jun 2012
    Sold for $102,000
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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 104 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Paynesville.

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