7B Wellington Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

7B Wellington Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 479m2
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Property Details for 7b Wellington St, Paynesville

7b Wellington St, Paynesville is a 3 bedroom, 2 bathroom House. The property has a land size of 479m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Land Size
479m2
Local Government
East Gippsland
Lot/Plan
2/PS717013

Last Listing description (November 2021)

To the waters edge and all the shops, cafes & restaurants, no need to get the car out! Built in 2019 on 479m2 of land with absolutely nothing to be done, just enjoy. New concrete driveway with solar remote gate & intercom through to 1.5 garage. Open plan living overlooking the creative alfresco & gardens. Main bedroom with ensuite, study, 2 guest bedrooms with r/c aircon, main bathroom & laundry. Pleasant outdoor sitting areas have been created adding this exceptional property. Bonus - NBN connected, 12 panel solar system & separate solar hot water with natural gas boost.

Property History for 7b Wellington St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$590,000
26 Nov 2021
Listed for Rent
$180/w
18 Sep 2015
  • 26 Nov 2021
    Sold for $590,000
  • 23 Nov 2021
    Listed for Sale $590,000
  • 18 Feb 2019
    Sold for $105,000
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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 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 169 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.