4/1 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 157m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
There are only a handful of properties in Paynesville that offer a quick walk to shops and expansive views of the lake. This is one of them. Comprising of an open plan living with an upgraded kitchen, two bedrooms, a large, renovated bathroom with a separate powder room, an impressive decked undercover entertaining area, and an established veggie garden, PLUS a balcony overlooking the water. One of the many benefits of the house is you can get amazing views without using the stairs - access to this unit can be gained from Toonalook Parade where the living and the bedrooms are on the same level. This unit is perfect for someone wanting to downsize, use it as a weekend getaway or invest in Paynesville. An opportunity like this only comes up once every few years so don't miss out.
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 3,338 properties. Over the last 5 years, Houses in Paynesville have seen a 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:
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