17 Esplanade

Paynesville VIC 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of 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 3,333 properties. Over the last 5 years, Houses in Paynesville have seen a 20.72% increase in median value, while Units have seen a 29.94% increase. As at 31 January 2026:

• The median value for Houses in Paynesville is $555,621 while the median value for Units is $392,121.
• Houses have a median rent of $500 while Units have a median rent of $395.