1/29 Main Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

1/29 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 328m2
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Last updated 29 Jun 2026
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Property Details for 1/29 Main Rd, Paynesville

1/29 Main Rd, Paynesville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 328m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in August 2009.

Building Type
Unit
Year Built
2005
Floor Size
126m2
Land Size
328m2
Local Government
East Gippsland
Lot/Plan
1/PS323388

Last Listing description (October 2017)

This three bedroom, two bathroom unit is within walking distance to the shops and lake. It offers Chef electric wall oven and cook top, Fujitsu split system heating & cooling, as well as a Bonaire gas wall heater, two separate single lock-up garages and rear courtyard area. Electric Everhot hot water service plus natural gas to the property. Maintenance of lawns and edges included. Pets considered upon application.

Property History for 1/29 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$252,000
04 Aug 2009
Listed for Rent
20 Oct 2017
  • 18 Sep 2017
    Listed for Rent $290 / week
  • 24 Mar 2014
    Listed for Rent $260 / week
  • 25 Sep 2009
    Listed for Rent - Price not available
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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 3,325 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 84 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 190 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.