157 Newlands Dr, Paynesville is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1965. While the property is not currently for sale or for rent, it was last sold in May 2025.
Set on the water, on the highly sought after Newlands Drive, this spacious property is set to impress! With gardens that flow down to the water where you have use of your own private deep water jetty berth, properties of this caliber are a rare find. This 5 bedroom home has 3 bathrooms and 2 living zones, allowing plenty of room for even the largest of families to spread out comfortably and relax. The large entertaining kitchen offers amazing views over the gardens, Gippsland Lakes and Newlands Arm to the East. The property also offers a courtyard, a large deck and safe off-street parking for 5 cars. Conveniently located, the property is a 15 minute walk from the bottom of the garden around the lake to Paynesville. This property is fully furnished and available for short or long term lease. Solar power also included. The property includes a double lock up garage, the other double garage is not included in the rent. Don't let this one pass you by, enquire today!
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 3,384 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:
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