74 Wellington Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

74 Wellington Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 223m2
Land area: 1031m2
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Property Details for 74 Wellington St, Paynesville

74 Wellington St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1031m2 and floor size of 223m2. While the property is not currently for sale or for rent, it was last sold in August 2025.

Building Type
House
Year Built
1990
Floor Size
223m2
Land Size
1031m2
Local Government
East Gippsland
Lot/Plan
88/LP215188

Last Listing description (October 2025)

Set in one of Paynesville's best waterfront spots, 74 Wellington Street puts you right near the action. Just an easy walk to the shops, cafes, and foreshore, you can enjoy all the convenience of town without ever needing to get in the car.

The home itself is a solid, well-built brick veneer with three bedrooms plus a study, perfect if you need a home office, extra storage, or a spot for guests to stay. It's light, bright, and has a practical layout that works for everyday living.

Sitting on a large waterfront block, you've got a wide frontage to the canal and your own jetty berth right out front. Boating, fishing, or cruising the Gippsland Lakes couldn't be easier.

There's also an oversized double tandem garage with plenty of room for cars, the boat, and all the gear or even a workshop if you need one. The outlook down the canal is a standout, giving you a relaxing, open view to enjoy every day.

If you've been waiting for a well-positioned waterfront home with space, great views, and easy access to everything Paynesville offers, this one's hard to beat.

Property History for 74 Wellington St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,310,000
02 Aug 2025
  • 14 Aug 2025
    Listed for Sale $1,349,000
  • 02 Aug 2025
    Sold for $1,310,000
  • 07 Jun 1991
    Sold for $95,000
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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 3,384 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 79 properties listed for sale, and 16 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 185 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.