5 William Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
FOR SALE

5 William Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 324m2
This property is currently on the market
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Property Details for 5 William St, Paynesville

5 William St, Paynesville is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2009. The property has a land size of 324m2.This Property is currently listed for sale with King & Heath First National - PAYNESVILLE

Building Type
House
Year Built
2009
Land Size
324m2
Local Government
East Gippsland
Lot/Plan
5/PS448628

Last Listing description (July 2026)

Unit with comfort and a fantastic indoor-outdoor lifestyle, ideally located close to town, open plan living area includes R/C aircon and north-facing windows that capture the winter sun beautifully. Spacious kitchen has been updated with a new oven, stove and rangehood, making it both practical and modern. The home offers three bedrooms, all with built-in robes, including a generous main bedroom complete with ensuite. A central bathroom, separate toilet and laundry add to the functional layout, while new internal painting & carpet throughout gives the home a fresh feel. Step outside to a private courtyard leading through to the undercover in-ground pool area, perfect for entertaining or relaxing year-round. Additional features include a single garage, extra car space and 10 solar panels for energy efficiency.

Property History for 5 William St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$245,000
10 Jun 2014
Listed for Rent
$255/w
04 Jan 2014
  • 12 May 2026
    Listed for Sale $495,950
  • 10 Jun 2014
    Sold for $245,000
  • 11 Mar 2014
    Listed for Sale $249,000
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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 3,325 properties. Over the last 5 years, Houses in Paynesville have seen a 23.00% increase in median value, while Units have seen a 29.09% increase. As at 30 June 2026:

  • The median value for Houses in Paynesville is $606,878 while the median value for Units is $416,168.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 81 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 191 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.