37/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 146m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Situated in the popular Parkridge Village for over 55's is this quality villa which boasts spacious open plan living area with updated carpeted flooring, split system heating/cooling and sliding doors take you through the adjoining sunroom to the garden. Functional kitchen with electric cooking, two good sized bedrooms, each with built-in robes, bathroom with shower, laundry, separate toilet, garage with auto door. Close to Club Room and workshop. Village facilities include: Clubhouse with large community room and pool, workshop, community vegetable garden and parking area 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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