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

5 Waratah Avenue
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 148m2
Land area: 783m2
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Last updated 3 Aug 2026
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Property Details for 5 Waratah Ave, Paynesville

5 Waratah Ave, Paynesville is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 783m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Floor Size
148m2
Land Size
783m2
Local Government
East Gippsland
Lot/Plan
127/LP149973

Last Listing description (March 2022)

Is this delightful 3 bedroom brick and tile home. Immaculately presented throughout with manicured gardens, this home features open plan living with new electric hotplate and wall oven to the kitchen, sliding doors from dining to the fernery/entertaining area and wood fire and reverse cycle air conditioning to the lounge. Other features of this beautiful property is the double garage with another area off the side to sit and watch the kids play or sit back and relax. Be quick on this one as properties presented to this standard don't last.

Property Code: 165

Property History for 5 Waratah Ave, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$492,500
03 Dec 2021
  • 03 Dec 2021
    Sold for $492,500
  • 11 Nov 2021
    Listed for Sale $495,000
  • 02 Aug 1999
    Sold for $124,000
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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 3,320 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.
There are currently 77 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 184 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.