Back 37 Ilfracombe Way
Off Market

37 Ilfracombe Way

Paynesville VIC 3880

3
2
2
514 m²
House
Last sold for $553,000
Andrew BentleyAndrew Bentley, last sold this property on 24 August 2026 after -1 days on market.

Overview

INVESTMENT OPPORTUNITY

An outstanding investment opportunity in a prime Paynesville location, this well-presented 3-bedroom, 2-bathroom home is currently tenanted until early 2027, providing immediate rental return and long-term security for investors. Positioned directly opposite the Paynesville Park Reserve and near the Early Learning Centre, the property offers excellent lifestyle appeal for families and future tenants alike. Spacious and functional in design, the home combines comfortable living with a highly convenient setting close to local amenities, schools, parks and waterfront attractions. A solid addition to any investment portfolio with reliable tenancy already in place.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
514 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Paynesville over the last 12 months, the estimated median property value of 37 Ilfracombe Way is $535.25k.

Median value
$535.25k
Estimated value range
$345k - $1.63m
Median days on market
68
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paynesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 37 Ilfracombe Way

2026
Sold
$553,000
24 Aug 2026 by Andrew Bentley, of King & Heath First National Paynesville
2025
Rented
Undisclosed
Leased on 29 Dec 2025 by King & Heath First National Bairnsdale

Happy sellers in Paynesville

65%
65% of sellers in Paynesville reported that their sale price either exceeded or met their price expectations.

Paynesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Paynesville over the last 12 months.

Local market activity for 3 bedroom houses in Paynesville

In the last 12 months, 81 three-bedroom houses similar to 37 Ilfracombe Way, have been sold.

This represents a 54% decrease in three-bedroom houses sales when compared to the previous 12 months.

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