40 Cumming St, Paynesville is a 3 bedroom, 1 bathroom House. The property has a land size of 1042m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
This beautiful home is the original Swan Reach School house. Moved to Paynesville in the 90's & lovingly renovated to incorporate the older style with the modern pleasures we all enjoy. Boasting a pristine new kitchen with stainless steel Bosch appliances, polished timber floors, solid wood heater, updated bathroom and laundry, you would be hard pressed to find a character home in such great condition. The home also has 3 spacious bedrooms each with built-in robes and 12 foot high ceilings. Being on over 1000sqm of land there is great potential for shedding alongside the already established veggie patch and fruit trees. A rear deck for entertaining and enjoying the morning sun ties this property in perfectly. Character homes of this quality are never on the market long, so ask to see it today or you might miss out!
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 3,313 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:
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