42 Main Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
 
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42 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 83m2
Land area: 597m2
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Last updated 8 Dec 2025
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Property Details for 42 Main Rd, Paynesville

42 Main Rd, Paynesville is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 597m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Floor Size
83m2
Land Size
597m2
Local Government
East Gippsland
Lot/Plan
4/LP24009

Last Listing description (October 2022)

Just a short stroll to the water and shopping precinct, 42 Main Road in Paynesville is a cute cottage which has been completely renovated. The home has 2 bedrooms, 1 bathroom, 2 toilets, gas cooking, gas log fire, dishwasher, polished timber floors, and reverse cycle air conditioning. The home sits on approximately 612sqm of land with potential to subdivide, stca. The front gate is a sliding security gate, there is a parking area at the front of the house, carport and lock up shed. Currently rented out on holiday rental and showing good return clientele it has forward bookings until January. The owner would be happy to sell it as a going concern, or look at a longer settlement. For further information contact Bret Ward on 0427562644.

Property History for 42 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$455,000
13 Oct 2022
  • 13 Oct 2022
    Sold for $455,000
  • 04 Oct 2022
    Listed for Sale Not Disclosed
  • 24 Sep 2019
    Sold for $175,000
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About Paynesville 3880

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 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:

  • The median value for Houses in Paynesville is $581,266 while the median value for Units is $381,129.
  • Houses have a median rent of $500 while Units have a median rent of $383.
There are currently 102 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Paynesville.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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