Download your FREE reports now!

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 $597,000 and this has changed 3.10% over the past year and changed 2.05% over 2 years.

The median rent in Paynesville for houses is $480 per week and the median rental yield is 4.18%. Stock on the market for houses/townhouses has changed 8.75% compared to last year and the average time to sell a house/townhouse is 132 days.The median listing price for units is $405,000 and this has changed 1.50% over the past year. The average unit takes 139 days to sell and the median rent for a unit in Paynesville is $385 per week, producing a rental yield of 4.94%.

Supply & Demand in Paynesville, East Gippsland

0.75%

Current vacancy rate


20

Rental stock available


3,478

Population


18.55%

Rental population


0.56%

Current vacancy rate


161

Rental stock available


45,041

Population


17.07%

Rental population


0.93%

Current vacancy rate


28,886

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 $597,000 NA $405,000
Median price change - last quarter 0.42% NA -4.06%
Median price change - 1 year 3.10% NA 1.50%
Median price change - 2 years 2.05% NA 1.50%
  House Townhouses Units
Median weekly rent $480 NA $385
Median yield % 4.18% NA 4.94%
Median rent change - 1 year 4.34% NA 10.00%
  House Units
Previous month sales 3 1
Stock on market previous month 87 9
Stock variance vs. last year 8.75% -43.75%
Average days on market 132 139

Paynesville investment property listings

0 found properties in Paynesville on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States