8 Ilfracombe Way, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

8 Ilfracombe Way
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 168m2
Land area: 947m2
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Last updated 18 May 2026
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Property Details for 8 Ilfracombe Way, Paynesville

8 Ilfracombe Way, Paynesville is a 4 bedroom, 2 bathroom House and was built in 2025. The property has a land size of 947m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
House
Year Built
2025
Floor Size
168m2
Land Size
947m2
Local Government
East Gippsland
Lot/Plan
78/PS840683

Last Listing description (November 2024)

This exceptional 946m2 allotment boasts a generous 22m frontage, making it perfect for building your dream home. Situated in a prestigious estate just minutes from the waterfront, this property offers a rare opportunity to secure a spacious block with all services available. With its ample frontage, there's plenty of room for a house and vehicle access to the rear yard, ideal for adding a shed or additional parking. Don't miss out on this rare find - inquire today

Property History for 8 Ilfracombe Way, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$250,000
16 May 2024
  • 08 Nov 2024
    Listed for Sale $260,000
  • 16 May 2024
    Sold for $250,000
  • 27 Feb 2024
    Listed for Sale Not Disclosed
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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 3,325 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:

  • The median value for Houses in Paynesville is $589,506 while the median value for Units is $396,453.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 89 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 186 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.