16 Backwater CourtPaynesville VIC 3880
Property Details for 16 Backwater Ct, Paynesville
Last Listing description (July 2026)
Magnificent, elevated parcel of land overlooking Newlands Backwater, offering a rare opportunity to build in one of Paynesvilles most serene settings. Set on a generous 1,374m allotment, this expansive block provides ample room for your dream home while still allowing space for a caravan, boat, shedding or landscaped outdoor areas. The elevated position captures sweeping water views, letting you enjoy the ever-changing activity on the Backwater right from your future living spaces. Whether its kayakers gliding by, boats passing through or simply the peaceful shimmer of the water, the outlook is both calming and captivating. Just a short stroll takes you to the waters edge, where you can launch a kayak, fish from the shore or simply relax by the foreshore. The nearby walking track meanders along the waterfront all the way into the Paynesville shopping precinct, offering an easy and scenic route to cafs, shops and everyday conveniences. A superb combination of space, position and lifestyle, this exceptional block is ready to bring your coastal vision to life.
Property History for 16 Backwater Ct, Paynesville, VIC 3880
- 26 May 2026Listed for Sale $499,000
- 01 Dec 2025Listed for Sale $545,000
- 10 Jul 2024Listed for Sale $600,000 - $650,000
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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 3,321 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:
- The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
- Houses have a median rent of $500 while Units have a median rent of $390.
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