A breathtaking parcel of land boasting awe-inspiring north-facing vistas across the serene expanse of Lake King, with majestic mountain ranges painting a picturesque backdrop beyond. Nestled within the tranquil confines of a lovely area on the outskirts of the continually growing township of Paynesville, this expansive 1,214sqm parcel of land offers an unparalleled opportunity to immerse oneself in nature's grandeur while still enjoying the conveniences of modern living. The allure of this property lies not only in its generous dimension but also in its prime orientation, perfectly positioned to embrace the gentle warmth of the sun's rays throughout the day. Whether it's a leisurely stroll along the waterfront, a day of boating on the lake or exploring the charming boutiques and cafes that dot the town centre, there's something to delight every taste and inclination.
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 3,326 properties. Over the last 5 years, Houses in Paynesville have seen a 25.25% increase in median value, while Units have seen a 32.58% increase. As at 31 May 2026:
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