4/54 Main RoadPaynesville VIC 3880
Property Details for 4/54 Main Rd, Paynesville
4/54 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 264m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Paynesville in the last 12 months.
Last Listing description (March 2026)
This freestanding unit offers a golden investment opportunity in a 4 unit complex. Featuring open plan living area with modern laminate flooring, kitchen with updated benchtops and electric oven. Two bedrooms, each equipped with built-in robes, provide comfort and convenience. Other amenities include a bathroom, laundry, carport, private rear yard and second car parking space. Currently leased at $350.00 per week until 18.12.26, it's a prime investment waiting to be seized. Located close to shops, waterfront and a bowls club.
Property History for 4/54 Main Rd, Paynesville, VIC 3880
- 13 Feb 2026Sold for $275,000
- 16 Dec 2025Listed for Sale Sold
- 02 Dec 2025Listed for Rent $350 / week
Recent sales nearby
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About Paynesville 3880
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 3,328 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:
- The median value for Houses in Paynesville is $589,506 while the median value for Units is $396,453.
- Houses have a median rent of $500 while Units have a median rent of $390.
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