Discover the peaceful charm of Paynesville, nestled close to the stunning Gippsland Lakes. This manageable 543sqm block offers the perfect opportunity to build your dream home without the hassle of extensive outdoor maintenance. Enjoy the best of both worlds. Proximity to the water for a relaxed lifestyle while benefiting from a low-maintenance property that allows you to simply lock up and leave whenever you desire. Whether it is a weekend retreat or a permanent residence, this is an ideal choice for those seeking serenity and convenience in a picturesque lakeside setting.
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 3,322 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:
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