67B Esplanade, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
FOR SALE

67B Esplanade
Paynesville VIC 3880

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Save

Property Details for 67b Esplanade, Paynesville

Building Type
Commercial
Year Built
2011
Local Government
East Gippsland
Lot/Plan
9A/PS436852

Last Listing description (December 2024)

Investment Opportunity: Secure Government-Leased

This prime freehold investment opportunity is located along the bustling Esplanade in Paynesville, overlooking the picturesque waterfront. Ideally positioned next to a bakery, the local pub, and popular restaurants, it's also set amongst key businesses like the chemist offering high foot traffic and visibility.

The property, comprising 102 sqm with rear access from Fleischer Street, has recently been re-roofed and is providing a reliable and hassle-free investment. The current lease brings in $20,243 per annum, with all outgoings covered by the tenant.

For more details, please contact Bret Ward at 0427 562 644.

Property History for 67b Esplanade, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$315,000
15 Sep 2021
  • 20 Sep 2024
    Listed for Sale $330,000
  • 22 Aug 2019
    Listed for Rent $400 per week + outgoings
  • 09 May 2019
    Listed for Rent $26,000 pa NEGOTIABLE
Sign in to see more transactions
Commute Calculator

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 3,334 properties. Over the last 5 years, Houses in Paynesville have seen a 27.82% increase in median value, while Units have seen a 35.58% increase. As at 31 December 2025:

  • The median value for Houses in Paynesville is $582,002 while the median value for Units is $389,152.
  • Houses have a median rent of $500 while Units have a median rent of $388.
There are currently 99 properties listed for sale, and 8 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 173 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.