52 Newlands DrivePaynesville VIC 3880
Property Details for 52 Newlands Dr, Paynesville
52 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 1009m2 and floor size of 211m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (May 2018)
This old home has seen many happy gatherings and family holidays over the years. Situated on an elevated 1,038sq, (approx) allotment on popular Newlands Drive with panoramic lake views the property is waiting for a new owner. There are many options: Renovate the existing home; remove the dwelling and start again; subdivide (STCA).
The existing residence has a variety of sleeping quarters downstairs as well as an entry foyer, dining area, large living room and bathroom facilities. The main bedroom with ensuite is upstairs.
Priced to sell - this is a golden opportunity for someone to purchase now and develop for the future.
Property History for 52 Newlands Dr, Paynesville, VIC 3880
- 28 Oct 2016Sold for $315,000
- 12 Sep 2016Listed for Sale $339,000
- 22 Apr 2010Transferred
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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 3,380 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:
- The median value for Houses in Paynesville is $595,888 while the median value for Units is $387,576.
- Houses have a median rent of $500 while Units have a median rent of $390.
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