Suburb Profile
More Recent Sold in Paynesville
| Address | Sold Date | Price |
|---|---|---|
| 24 Schooner Terrace, Paynesville Vic | Apr 2024 | $799,000 |
| 72 Newlands Drive, Paynesville VIC | Feb 2024 | $605,000 |
| 59 Langford Parade, Paynesville VIC | Feb 2024 | $190,000 |
| 16 Gilsenan Street, Paynesville VIC | Jan 2024 | $435,000 |
| 69 Fort King Road, Paynesville VIC | Jan 2024 | $575,000 |
More Recent Rent in Paynesville
| Address | Rent Date | Price(per week) |
|---|---|---|
| 6 Fullarton Drive, Paynesville VIC | Mar 2024 | $500 |
| 66 Newlands Drive, Paynesville VIC | Mar 2024 | $480 |
| 26 Coast Avenue, Paynesville VIC | Mar 2024 | $430 |
| 2 Milton Avenue, Paynesville VIC | Mar 2024 | $380 |
| 3/14 Lewis Place, Paynesville VIC | Mar 2024 | $600 |
Rent Yield in Paynesville
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | - | $270 | - | - | $270 | - | 2 |
| 2 | $396,846 | $350 | 4.59% | $345,000 | $350 | 5.28% | 27 |
| 3 | $650,939 | $468 | 3.74% | $579,000 | $460 | 4.13% | 74 |
| 4 | $933,786 | $509 | 2.83% | $679,000 | $495 | 3.79% | 39 |
| House | |||||||
| 2 | $317,000 | $323 | 5.30% | $317,000 | $320 | 5.25% | 5 |
| 3 | $685,714 | $465 | 3.53% | $597,000 | $460 | 4.01% | 41 |
| 4 | $871,391 | $496 | 2.96% | $679,000 | $495 | 3.79% | 30 |
| Unit/apmt | |||||||
| 1 | - | $280 | - | - | $280 | - | 1 |
| 2 | $421,875 | $369 | 4.55% | $432,000 | $360 | 4.33% | 15 |
| 3 | $475,499 | $450 | 4.92% | $449,498 | $450 | 5.21% | 7 |
| Townhouse | |||||||
| 3 | $1,195,000 | - | - | $1,195,000 | - | - | 1 |
| Other | |||||||
| 4 | $2,600,000 | - | - | $2,600,000 | - | - | 1 |
| Unknown | |||||||
| 1 | - | $260 | - | - | $260 | - | 1 |
| 2 | $383,333 | $336 | 4.56% | $295,000 | $335 | 5.91% | 7 |
| 3 | $617,714 | $473 | 3.98% | $537,500 | $470 | 4.55% | 25 |
| 4 | $876,000 | $533 | 3.16% | $609,500 | $525 | 4.48% | 8 |
Schools in Paynesville
| School Name | School Sector | School Type |
|---|---|---|
| Paynesville Primary School | Government | Primary |
Crime Rate of East Gippsland
| Crime Type | Rate of EAST GIPPSLAND | Rate of VIC |
| Crime Against Property | 3,639 | 4,607 |
| Crime Against the Person | 1,161 | 940 |
| Drug Offences | 150 | 311 |
| Other Crime | 1,007 | 875 |
| Total | 5,957 | 6,733 |
Demographics of Paynesville
| PopulationSize | Paynesville | Melbourne |
| All People | 2852 | 4645103 |
| Country of Origin | Paynesville | Melbourne |
| Australian Born | 86% | 71% |
| Born Overseas - Top 5 | Paynesville | Melbourne |
| United Kingdom | 8% | 4% |
| Germany | 1% | 1% |
| Netherlands | 1% | 1% |
| New Zealand | 1% | 1% |
| Median household income | Paynesville | Melbourne |
| Weekly income | $744 | $1,333 |
| Age Statistics | Paynesville | Melbourne |
| 60+ | 39% | 17% |
| 40 to 59 | 29% | 26% |
| 20 to 39 | 14% | 29% |
| 5 to 19 | 13% | 21% |
| 0 to 4 | 4% | 6% |
| Family Statistics - Top 5 | Paynesville | Melbourne |
| Married | 60% | 52% |
| Never Married | 16% | 32% |
| Widowed | 12% | 6% |
| Divorced | 9% | 7% |
| Separated | 3% | 3% |
| Religion - Top 5 | Paynesville | Melbourne |
| Anglican | 31% | 17% |
| No Religion | 25% | 20% |
| Catholic | 17% | 32% |
| Uniting Church | 12% | 7% |
| Presbyterian and Reformed | 7% | 4% |
| Occupation - Top 5 | Paynesville | Melbourne |
| Tradespersons and Related Workers | 5% | 6% |
| Associate Professional | 5% | 5% |
| Intermediate Clerical/Sales/Service | 4% | 7% |
| Professionals | 4% | 8% |
| Labourers and Related Workers | 3% | 4% |
| Education - Top 5 | Paynesville | Melbourne |
| Not Attending (Working) | 84% | 74% |
| Infants/Primary | 6% | 9% |
| Secondary Education | 5% | 8% |
| Technical or Further Education | 2% | 3% |
| University or other Tertiary Institution | 1% | 4% |
| Transport to Work - Top 5 | Paynesville | Melbourne |
| Car (driver) | 16% | 27% |
| Car (passenger) | 2% | 3% |
| Worked at home | 2% | 2% |
| Walked | 1% | 1% |
| Bicycle | 1% | 0% |
| Type of Dwelling - Top 3 | Paynesville | Melbourne |
| Separate house | 83% | 78% |
| Semi/Terrace | 7% | 6% |
| Flat | 4% | 12% |
| Nature of Occupancy - Top 3 | Paynesville | Melbourne |
| Fully Owned | 60% | 44% |
| Rented | 18% | 23% |
| Purchasing | 16% | 27% |
| Monthly Loan Repayment - Top 5 | Paynesville | Melbourne |
| $400-$599 | 27% | 18% |
| $200-$399 | 19% | 10% |
| $600-$799 | 18% | 21% |
Supply Demand History in Paynesville
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 262 | 1456 |
| 2015 May | 252 | 1415 |
| 2015 Jun | 246 | 1379 |
| 2015 Jul | 239 | 1225 |
| 2015 Aug | 238 | 1338 |
| 2015 Sep | 240 | 1236 |
| 2015 Oct | 248 | 1477 |
| 2015 Nov | 373 | 1371 |
| 2015 Dec | 268 | 1405 |
| 2016 Jan | 275 | 1992 |
| 2016 Feb | 279 | 1833 |
| 2016 Mar | 280 | 1661 |
| 2016 Apr | 283 | 1623 |
Based on Australian Bureau of Statistics data
Paynesville, VIC 3880
(242.29 km to CBD)
- Median House Price: $565,000
- Median Unit Price: $451,250
Surrounding Suburbs
Selected Demographics of Paynesville
- 2189 Number of House
- 753 Number of Unit
- 2852 Number of People
- 57 Median Age
- 2.1 Median Household Size
- $200 Weekly Rent
- $422 Weekly Individual Income
- $920 Weekly Family Income
- $745 Weekly Household Income
- $565,000 Median Asking Price
- $440 Median Rent
- 0.04% Rent Yield
- 111 Stock On Sale
- 1.72% Vacancy Rate
- 281 Average Supply
- 1648 Average Demand
- 5.88 Supply Demand Ratio
Leading Agencies (Sale)
King and Heath First National - Paynesville 56%
LJ Hooker - Paynesville 20%
Bret Ward Real Estate - Paynesville 9%
Elders Real Estate - Bairnsdale 5%
Beadle Real Estate - Paynesville 3%
Bill Wyndham & Co - Bairnsdale 1%
East Gippsland & Lakes Real Estate Pty Ltd - Nicholson 1%
Ann Waller Real Estate - Paynesville 1%
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| LJ Hooker - Paynesville | 54% |
| King and Heath First National - Bairnsdale | 31% |
| Bret Ward Real Estate - Paynesville | 11% |
| Elders Real Estate - Bairnsdale | 1% |
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