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99 Langford Parade,
Paynesville VIC 3880

This property is Off Market

All about Paynesville Homes for sale in Paynesville


  • The Average property price in this area is $595,270, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 7.35 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Paynesville

With an average age of 60, households expect an average monthly mortgage payment of $1,000 or a weekly rent payment of $290. The average family earns a weekly income of $1,292 with a typical household size of 2 and a 100.0% employment rate.

Consistent high demand relative to supply is a key feature in Paynesville driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Paynesville due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Paynesville changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Paynesville to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Paynesville the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 953 asthma sufferers and 648 people living with diabetes. In addition, 613 people have a heart/vascular condition and 1146 people live with three or more chronic diseases.

A good place to invest in property?

Paynesville a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

32 / 100

52 / 100

Industry

05 / 100

17 / 100

Population

14 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

22 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Bairnsdale Secondary College Paynesville Primary School
  • Bairnsdale Primary School

    Bairnsdale, VIC, 3875 State Prep-6

  • Bairnsdale Secondary College

    Bairnsdale, VIC, 3875 State 7-12

  • Lucknow Primary School

    Bairnsdale, VIC, 3875 State Prep-6

  • Bairnsdale West Primary School

    Bairnsdale, VIC, 3875 State Prep-6

  • East Gippsland Specialist School

    Bairnsdale, VIC, 3875 State U

  • Eagle Point Primary School

    Eagle Point, VIC, 3878 State Prep-6

  • Metung Primary School

    Metung, VIC, 3904 State Prep-6

  • Paynesville Primary School

    Paynesville, VIC, 3880 State Prep-6

  • Nicholson Primary School

    Nicholson, VIC, 3882 State Prep-6


Property Story

99 Langford Parade, Paynesville, Vic, 3880 is a residential property with 3 bedrooms, 2 bathrooms and 4 Parking spaces. The estimated value of this home is $435,000 while properties of this type typically sell for between $360,000 and $1,375,000 in this suburb. The estimated distance to the sea is 7.35km and 0.25KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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