3/87 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 260m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
HOLIDAY? RETIREMENT? INVESTMENT? This unit fits the bill for all three scenarios. Recently renovated with a new kitchen, floor coverings, window furnishings and painted throughout, this comfortable brick veneer unit, one of three, is well worth an inspection. ACCOMMODATION includes 2 double bedrooms, open plan kitchen/dining/lounge, laundry, bathroom and separate toilet. Added to this the original garage has been converted into another living space which could also be a third bedroom. The sunny rear yard and under cover entertaining area is an added bonus and there is room down the side of the property for extra vehicles and parking at the front for one car.
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 3,325 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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