VIC has seen average median house prices change by 9.04% which means that Paynesville, 3880 has done well for property investors by showing a capital gain of 7.63% over the last year
Paynesville,3880 has offered an average of 7.63% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Paynesville 3880 should be seeing an average reduction in asking price of around -6.37% . This means that Paynesville is holding prices well when compared to other suburbs in VIC.
Property value increases in Paynesville have tracked higher than the VIC average of 4.28% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Paynesville comes in at number 221th in VIC.
Situated 208.29km from the CBD, Paynesville is one of East Gippsland localities in the postcode 3880.