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Investment Property Paynesville, VIC, 3880

Suburb Snapshot

Paynesville is a suburb in the East Gippsland Region of Victoria. Paynesville has a population of 3,478 people and 18.55% of its occupants live in rental accommodation. The median listing price for houses is $579,000 and this has changed -1.03% over the past year and changed 9.24% over 2 years.

The median rent in Paynesville for houses is $460 per week and the median rental yield is 4.13%. Stock on the market for houses/townhouses has changed 33.33% compared to last year and the average time to sell a house/townhouse is 114 days.The median listing price for units is $398,000 and this has changed -3.87% over the past year. The average unit takes 117 days to sell and the median rent for a unit in Paynesville is $340 per week, producing a rental yield of 4.44%.

Supply & Demand in Paynesville, East Gippsland

0.52%

Current vacancy rate


13

Rental stock available


3,478

Population


18.55%

Rental population


0.57%

Current vacancy rate


161

Rental stock available


45,041

Population


17.07%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Paynesville, East Gippsland

  House Townhouses Units
Median listing price $579,000 NA $398,000
Median price change - last quarter -1.03% NA 0.00%
Median price change - 1 year -1.03% NA -3.87%
Median price change - 2 years 9.24% NA 13.71%
  House Townhouses Units
Median weekly rent $460 NA $340
Median yield % 4.13% NA 4.44%
Median rent change - 1 year 4.54% NA -2.86%
  House Units
Previous month sales 0 0
Stock on market previous month 80 15
Stock variance vs. last year 33.33% 25.00%
Average days on market 114 117

Paynesville investment property listings

Showing 5 of 80 investment properties found in Paynesville on realestateinvestar.com.au

10 Magnetic Retreat, Paynesville

$645,000

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MAGNETIC

Introducing Magnetic Retreat where serenity meets contemporary living! Nestled on a tranquil street, this newly constructed residence embodies modern comfort. Featuring three ample bedrooms, two bathrooms, a double garage, and an inviting open-plan living space, it seamlessly combines style with ...

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VIC 3880


16 Woodland Ct, Paynesville

$580,000

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BEAUTIFUL BRICK HOME

Welcome to 16 Woodland Court, where charm meets functionality in this stunning brick home. Nestled in a private court, this residence boasts three bedrooms, two bathrooms, and ample living space spread across two living areas and a separate dining room. Upon arrival, you'll be greeted by a double ...

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House

VIC 3880


3 Newton Cl, Paynesville

$489,000

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WELCOME TO YOUR NEW HOME!

Nestled in a serene court setting, offering the perfect blend of style, character, and comfort. This home boasts an inviting open-plan split-level living design, adorned with vaulted ceilings that enhance the sense of space and light. The kitchen, complete with a convenient servery to the meals ...

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VIC 3880


46 Eagle Bay Tce, Paynesville

$1,280,000

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THIS COULD BE YOURS!

Welcome to this stunning double-storey home, built in 2017, designed to capture the breathtaking north-facing water views of Lake King. Nestled in a neighbourhood of quality homes, this residence stands proudly on a spacious 1082m2 (approx) allotment, promising a life of luxury and leisure. Step ...

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VIC 3880


39/1-5 Canal Rd, Paynesville

$375,000

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STYLISH OVER 55's UNIT IN PARKRIDGE VILLAGE

Nestled within the exclusive Parkridge Village, this stylish over 55's unit offers a serene and secure lifestyle. The gated community boasts tranquil surroundings and convenient amenities, creating a haven for residents seeking comfort and convenience. Upon entering, you are greeted by an inviting ...

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VIC 3880


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