7/3 Erickson LanePaynesville VIC 3880
Property Details for 7/3 Erickson Lane, Paynesville
7/3 Erickson Lane, Paynesville is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 1176m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (December 2024)
Looking for the perfect blend of comfort, convenience and natural beauty? Look no further than this fully furnished apartment nestled in the heart of town, just steps away from the picturesque Paynesville foreshore and the tranquil waters of Lake Victoria. Whether you're seeking a serene residence or a savvy investment opportunity, this property offers the ideal canvas for your lifestyle dreams.
Upon entering, you're greeted by an inviting open-plan living space & expansive windows that frame stunning lake views. Step out onto the balcony to savor your morning coffee or unwind with a glass of wine as you watch the sun set over the glistening waters.
The accommodation comprises a spacious main bedroom, complete with an ensuite bathroom and a private balcony, providing a secluded retreat to relax and recharge. A second bedroom and a main bathroom offer comfort and convenience for guests or family members.
Whether you're seeking a peaceful haven to call home or a lucrative investment opportunity in a highly sought-after location, this fully furnished apartment ticks all the boxes. Don't miss out on the chance to make lakefront living a reality - schedule your viewing today!
Property History for 7/3 Erickson Lane, Paynesville, VIC 3880
- 09 Nov 2024Sold for $600,000
- 06 Sep 2024Listed for Sale $630,000
- 19 Aug 2021Sold for $515,000
Recent sales nearby
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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.
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