29/5 Canal Rd, Paynesville is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 164m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Quality brick veneer villa in over 55's development offering north facing open plan living which leads out to the sunny courtyard and garden, kitchen with lots of bench space, electric cooking and dishwasher. There are three bedrooms all with BIR's, spacious bathroom with extra large shower, laundry with separate second toilet and internal access to garage with auto door. Electric heating/cooling, gas heater, solar HWS. Secure lifestyle with no deferred management fees. Located close to the Clubhouse and all the main facilities of the village. Village facilities include: Clubhouse with large community room, kitchen, games room, craft room, library, pool and gym complex. There is also a village workshop, community vegetable garden and carpark for 2nd vehicle or caravan.
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 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:
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