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Villa 11/1-5 Canal Road, Paynesville$449,000
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Villa 11/1-5 Canal Road

Paynesville, VIC 3880, Australia
$449,000
2 bed 1 bath 1 car234 m²

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About this property

Recently refreshed and ready to enjoy, No.11 Parkridge presents an exceptional opportunity within one of Paynesville's most sought after over 55's communities. The home has been thoughtfully updated throughout with new flooring, fresh paint and new window furnishings, creating a light, modern and welcoming feel from the moment you step inside. Comfort is well covered with newly installed gas ducted heating, reverse cycle air conditioning, solar hot water service and six solar panels to assist in keeping ongoing living costs down. The floorplan is open and bright, designed for easy living with nothing left to do. The home offers two generous bedrooms plus a versatile hobby room that could easily function as a third bedroom, sewing room or study depending on your needs. The spacious bathroom includes a 900mm shower for added comfort and accessibility, while the neat and functional kitchen flows seamlessly into the open plan living and dining area. Sliding doors open to your own private leafy courtyard, providing a peaceful outlook and a lovely space to relax or enjoy a morning coffee. Practicality meets convenience with a single garage offering internal access to the unit, along with additional access to a shared carpark ideal for caravan or second vehicle storage. Residents of Parkridge enjoy the benefits of a secure gated village and a vibrant community atmosphere. The clubhouse facilities include a full kitchen, billiard room, library and jet pool, offering plenty of opportunity to socialise or unwind. Nestled in a quiet yet central location, No.11 Parkridge delivers a low maintenance lifestyle in a welcoming and secure environment, perfect for enjoying the next chapter with comfort and peace of mind.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
234 m²
Listed
3 months ago

Repayment calculator

$2,177/month
$1,088 /fortnight
Loan $359,200 at 6.10% over 30 years

Upfront costs

Deposit$89,800
Stamp duty$22,010
Conveyancing (est.)$2,000
Total upfront$113,810
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Paynesville

This 2-bedroom apartment in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $699,000 median of 76 comparable apartmentswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)877 m away
  • Hair By Sarah Monroe1.3 km away
  • Unnamed726 m away
  • Gilsenan Reserve1.2 km away

Paynesville at a glance

Full suburb profile
Population
3,636
Median age
62
Household income
$987/wk
Median rent
$310/wk
Median mortgage
$1,225/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Paynesville price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$360kcurrent median

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