107 Main Road, Paynesville, VIC 3880 | House for sale | OnTheHouse
 
FOR SALE
$520,000 - $560,000

107 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 986m2
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Substantial Family Home with Future Development Potential

Set on a generous 969m² (approx.) allotment in an established pocket of Paynesville, this immaculately presented three bedroom home offers comfortable family living with the bonus of outstanding future development potential.
The light filled open plan kitchen, dining and living area forms the heart of the home, with French doors opening onto a spacious undercover alfresco overlooking the private front yard. The kitchen is well equipped with a new electric oven, five burner gas cooktop, dishwasher and European laundry, while the home has been freshly repainted throughout and updated with new carpet where required. The oversized main bedroom features a built in robe and a recently renovated ensuite designed for disabled access, while the remaining two bedrooms are generously sized. A central bathroom with shower over bath, separate toilet, heat pump hot water service and approximately 5kW of solar complete the home.
Outside, established hedging along the front and side boundaries provides excellent privacy, while the expansive undercover alfresco creates the perfect space for entertaining. Vehicle accommodation is exceptional, with an oversized double carport and a garage/workshop featuring a concrete floor, extensive lighting and multiple power points. A crushed rock turning area allows easy drive in, drive out access for caravans, boats and trailers.
With the existing home positioned at the rear of the allotment, the generous front portion of the block offers exciting potential for future development (STCA), making this an appealing opportunity for families, investors and developers alike.
For further information or to arrange an inspection, contact Tanisha Davidson on 0435 566 754.
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Property Details for 107 Main Rd, Paynesville

107 Main Rd, Paynesville is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 986m2. The place is currently for sale with Bill Wyndham & Company.

Building Type
House
Land Size
986m2
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. There are 8 parks, covering nearly 3.7% of the total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation.In 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.

Paynesville has 3,320 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:

  • The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 77 properties listed for sale, and 14 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 184 properties were sold in the past 12 months in Paynesville.

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Tanisha Davidson
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Bill Wyndham & Company
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