2/42 Ashley St, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 360m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Positioned in a prime location across from Paynesville Primary School, 2/42 Ashley Street offers an ideal blend of convenience and comfort. This unit is perfect for downsizers, investors, or anyone seeking a low-maintenance coastal lifestyle.
Inside, the open-plan living area creates a bright and spacious atmosphere, while the modern kitchen is both convenient and functional. The two generously sized bedrooms feature built-in robes, providing ample storage for everyday living. Be kept comfortable year-round with split system heating and cooling.
The full-sized bathroom includes both a separate shower and a bath, offering practicality and relaxation. Outside, the yard is a blank canvas, ready for you to design your own outdoor space. Set on an easy care block, this property offers easy access to local amenities, parks, and the stunning Gippsland Lakes, ensuring the best of Paynesville living right at your doorstep.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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 3,328 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:
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