12/5 Canal Road, Paynesville, VIC 3880 | Unit for sale | OnTheHouse
 
FOR SALE
$399,000

12/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 234m2
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STYLISH, LOW MAINTENANCE LIVING IN SECURE OVER 55s COMMUNITY

Set within the gated Parkridge Village, this stylish and well appointed unit offers a relaxed, low maintenance lifestyle in a secure over 55's living environment.
The spacious open plan living area flows effortlessly to a sunny, paved outdoor space ideal for entertaining or unwinding in the sun. The kitchen is thoughtfully designed with an electric oven, dishwasher and pantry. Both bedrooms include built-in robes, while the central bathroom features a shower, vanity and toilet, complemented by a handy second toilet.
Additional features include new carpet, split system heating and cooling, TV and phone points in the main bedroom, a laundry with excellent storage and internal access to the garage with auto door. A sunny front verandah completes the picture.
Residents enjoy fantastic communal facilities, including club rooms with a library, billiard room, pool and extra parking for caravans or boats. This strata titled property comes with no deferred fees providing peace of mind in a welcoming, vibrant community.
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Property Details for 12/5 Canal Rd, Paynesville

12/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 234m2. The place is currently for sale with LJ Hooker Paynesville.

Building Type
Unit
Land Size
234m2
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of 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 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:

  • The median value for Houses in Paynesville is $581,266 while the median value for Units is $381,129.
  • Houses have a median rent of $500 while Units have a median rent of $383.
There are currently 102 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Paynesville.

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Lorraine Edlington
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LJ Hooker Paynesville
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