8 May Park Drive, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

8 May Park Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 148m2
Land area: 787m2
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Property Details for 8 May Park Dr, Paynesville

8 May Park Dr, Paynesville is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 787m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
House
Floor Size
148m2
Land Size
787m2
Local Government
East Gippsland
Lot/Plan
107/LP149973

Last Listing description (June 2025)

Tucked away in a quiet cul-de-sac surrounded by quality homes, this inviting four-bedroom residence strikes the perfect balance between comfort, space, and convenience.

Just moments from Paynesville Primary School and less than 1.5km from the Esplanade, it offers an effortless coastal lifestyle with easy access to local shops, cafes, and the waterfront.

Set on a generous 787sqm block, the property is framed by a beautifully established garden, providing a sense of privacy and peace. The spacious front yard a dedicated position for off-street parking, perfect for a caravan, boat, or extra vehicle. Inside, the home is warm and welcoming, featuring a hot box wood burner to keep things cozy in winter, along with a new Daikin reverse cycle system for year-round comfort. The kitchen and living areas are well laid out, flowing seamlessly to the outdoor spaces-ideal for both everyday living and entertaining.

For those who need extra storage or a place to tinker, there's a powered workshop and a garden shed. Solar panels add to the home's efficiency, helping to keep energy costs down.

With plenty of space, great privacy, and a sought-after location, this is a home that offers both lifestyle and practicality. Don't miss out - schedule your inspection today and experience it for yourself.

Property History for 8 May Park Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$520,000
19 Mar 2025
  • 19 Mar 2025
    Sold for $520,000
  • 14 Feb 2025
    Listed for Sale $539,000
  • 14 Oct 2019
    Listed for Sale $299,000
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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 3,324 properties. Over the last 5 years, Houses in Paynesville have seen a 25.25% increase in median value, while Units have seen a 32.58% increase. As at 31 May 2026:

  • The median value for Houses in Paynesville is $601,780 while the median value for Units is $412,682.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 83 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 189 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.