Over the last year, property investments in Paynesville, 3880 have given investors a capital gain of 11.95%. This compares averagely with the 10.43% for VIC as a whole.
While Paynesville,3880 ranked number 94th in VIC for increase in median house value (annualised) increase, it is ranked 514th over the last 5 years.
Vendor discounting in Paynesville is giving property investors an average Vendor Discount of around -5.84%. This puts suburb at number 207th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $302.5 mark per week – giving a return of 4.70% based on the median price in Suburb
Paynesville has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 19.79% to date .
While Paynesville,3880 ranked number 76th in VIC for increase in median house value (annualised) increase, it is ranked 195th over the last 5 years.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.