20 Paynesville Road, Paynesville, VIC 3880 | House for sale | OnTheHouse
 
FOR SALE
$489,000

20 Paynesville Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1719m2
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VALUE FOR MONEY

The astute buyer will recognise the potential and act quickly on this standout property. Positioned on a substantial 1,719m² allotment, this brick home offers an opportunity for first-home buyers, tradespeople or investors seeking space and versatility. Abundant room for shedding, workshops or storage of additional vehicles and machinery. The home itself is honest and well laid out, featuring two living areas, 3 bedrooms and 2 bathrooms. While it would benefit from some updates, it provides a strong foundation for renovation and future improvement. Outside, the property includes a single garage with a separate storeroom, a carport, plus another single garage accessed through double gates, ideal for trailers, tools or trade equipment. A north-facing undercover alfresco area completes the package.
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Property Details for 20 Paynesville Rd, Paynesville

20 Paynesville Rd, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1719m2. The place is currently for sale with King & Heath First National - PAYNESVILLE.

Building Type
House
Land Size
1719m2
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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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Deborah Pearson
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King & Heath First National - PAYNESVILLE
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