5 Tanjil Avenue, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

5 Tanjil Avenue
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 121m2
Land area: 876m2
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Property Details for 5 Tanjil Ave, Paynesville

5 Tanjil Ave, Paynesville is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 876m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1960
Floor Size
121m2
Land Size
876m2
Local Government
East Gippsland
Lot/Plan
1/TP105640

Last Listing description (August 2023)

MOTIVATED VENDORS
Just over the Blue Bridge in Paynesville, you will find this unique home ready for you to enjoy. Situated on an 877m2 allotment, 5 Tanjil Avenue offers three bedrooms, master with retreat, open concept living space, modern kitchen with a 5-burner gas cook top, electric oven, dishwasher and plenty of bench space. The family bathroom is conveniently located in the centre of the home with separate toilet and a tucked away laundry with yard access.

Experience year-round comfort with split system heating and cooling as well as gas heating. The property includes a bungalow that is fully functional, complete with kitchenette and bathroom, creating the opportunity of extra income via Airbnb or similar.

Outside you will find three entertaining areas to enjoy, established tropical gardens, single garage for storage and convenient rear access from Lewis Place to allow ample parking space for caravans, boats and other vehicles. Located 350m from the boat ramp, you can also jump on the paddle board from the Fort King Road jetty just 200m away.

The property comes with approved architecturally designed and stamped engineering plans for a second storey extension, which would give you the opportunity to be waking up to magnificent sunrises across Lake King. All relevant permits are current until February 2024.

Call Shaun Harvey on 0455 540 207 to schedule an inspection of this Paynesville paradise!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 5 Tanjil Ave, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$490,000
13 Jul 2023
Listed for Rent
$340/w
31 Jan 2012
  • 13 Jul 2023
    Sold for $490,000
  • 27 Oct 2022
    Listed for Sale $535,000
  • 18 Jan 2012
    Listed for Rent - Price not available
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About 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 3,326 properties. Over the last 5 years, Houses in Paynesville have seen a 25.25% increase in median value, while Units have seen a 32.58% increase. As at 31 May 2026:

  • The median value for Houses in Paynesville is $601,780 while the median value for Units is $412,682.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 86 properties listed for sale, and 12 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 190 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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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.