32 Gilsenan Street, Paynesville, VIC 3880 | House for sale | OnTheHouse
 
FOR SALE
$545,000

32 Gilsenan Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1337m2
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POTENTIAL PLUS

Set on a massive 1,337m² parcel of land, this classic home presents a rare opportunity with plenty of space and subdivision potential (STCA). The residence has a warm, inviting feel with a light-filled lounge and meals area, practical kitchen and a second living room that provides flexibility for families or guests.
Three generous bedrooms are serviced by a beautifully renovated bathroom, along with a separate toilet and a spacious laundry. Comfort is well catered for with reverse cycle air conditioning, solid fuel heating and the timeless beauty of polished timber flooring throughout. The home is bathed in natural light and enjoys a bright, airy ambience, flowing seamlessly to the north-facing backyard. Outdoors offers excellent storage and utility with shedding and multiple carports, plus plenty of room for entertaining, gardening or future development. This is an outstanding chance to secure a large block with a comfortable home and endless possibilities.
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Property Details for 32 Gilsenan St, Paynesville

32 Gilsenan St, Paynesville is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1337m2. The place is currently for sale with King & Heath First National - PAYNESVILLE.

Building Type
House
Land Size
1337m2
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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 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 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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