1/1 Main Road, Paynesville, VIC 3880 sold on 17 February 2026 | OnTheHouse
SOLD
Sold on 17 Feb 2026 for $580,000

1/1 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 1/1 Main Rd, Paynesville

1/1 Main Rd, Paynesville is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Year Built
1980
Local Government
East Gippsland
Lot/Plan
7/SP25933

Last Listing description (March 2026)

Stylish Two-Storey Unit with Lake Views

Just a stone's throw from the Paynesville foreshore, this beautifully presented two-storey unit offers lake views and the perfect combination of location, lifestyle, and low-maintenance living. Enjoy the charm of waterfront-adjacent life while being only minutes from local shops, cafs, and everyday amenities.Upstairs accommodates 2 bedrooms, including a master with direct access to a well-sized bathroom featuring a walk-in shower, plus a separate powder room for added convenience. The open-plan kitchen, meals, and living area is drenched in natural light, enhanced by sliding doors that open onto a balcony showcasing breathtaking full lake views. The kitchen offers ample storage and modern electric and gas appliances, combining style with practicality. All while the lower level features a welcoming entry, a spacious bedroom, and a secure single-car garage with internal access.Outdoors, an undercover deck provides the perfect space to relax or entertain, with a securely fenced area that also offers street access via a gate for added convenience and peace of mind. Ideal for first-home buyers, downsizers, or investors seeking a sought-after Paynesville location, this unit delivers low-maintenance living with a stunning lakeside lifestyle, just 15 minutes from Bairnsdale.Don't miss out! Book your inspection with Sean today.View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 1/1 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$580,000
17 Feb 2026
  • 17 Mar 2026
    Sold for $580,000
  • 16 Feb 2026
    Listed for Sale $595,000
  • 23 Dec 2022
    Listed for Rent $480 pw
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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 3,326 properties. Over the last 5 years, Houses in Paynesville have seen a 25.25% increase in median value, while Units have seen a 32.58% increase. As at 31 May 2026:

  • The median value for Houses in Paynesville is $601,780 while the median value for Units is $412,682.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 86 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 180 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.