1/116 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit and was built in 1983. The property has a land size of 115m2 and floor size of 83m2.This Property is currently listed for sale with OBRIEN REAL ESTATE BAIRNSDALE
Set right along the main stretch of Paynesville, this neatly presented two-bedroom unit offers an easy, low-maintenance lifestyle in a location that keeps everything within arm's reach. Whether you're looking to invest, downsize or secure a coastal base, the convenience here is hard to overlook.Fresh updates are underway, with brand new carpets to be installed throughout and updated blinds in both bedrooms, giving the home a clean, refreshed feel from the moment you step inside. The layout is practical and comfortable, with two well-proportioned bedrooms, a central living area, and a functional kitchen, complemented by an internal laundry positioned conveniently alongside.At the rear, an outdoor alfresco space provides a private spot to relax or entertain, while the inclusion of a single car garage adds valuable off-street parking and storage. A garden shed and water tank further enhance the practicality of the home, offering additional storage and sustainable living benefits. Set within a block of units and occupying approximately 115sqm, the property offers a manageable footprint without compromising on liveability.Positioned right on Main Road, you're just moments from local shops, cafes, the waterfront and all the lifestyle appeal that makes Paynesville such a sought-after destination.View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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 3,325 properties. Over the last 5 years, Houses in Paynesville have seen a 23.00% increase in median value, while Units have seen a 29.09% increase. As at 30 June 2026:
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