48/5 Canal RoadPaynesville VIC 3880
Property Details for 48/5 Canal Rd, Paynesville
48/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 205m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Last Listing description (September 2025)
Nestled in a quiet yet central location, Unit 48 at Parkridge offers the perfect low-maintenance lifestyle for over 55s. This well-designed two-bedroom home boasts a spacious bathroom with a 900mm shower, a neat kitchen, and an open-plan living area equipped with reverse cycle heating and cooling for year-round comfort. Enjoy a peaceful outlook over the complex's leafy courtyard from your outdoor verandah, or relax in the private, low-maintenance courtyard.
Residents can take advantage of the vibrant clubhouse, featuring a kitchen, billiard room, library, indoor heated pool & spa. Additional amenities include a community workshop, car wash bay, vegetable garden, and extra parking areas for boats, caravans, and additional vehicles.
This secure gated village offers a relaxed, welcoming environment, perfect for enjoying the next chapter of life with peace of mind.
Property History for 48/5 Canal Rd, Paynesville, VIC 3880
- 02 Jun 2025Sold for $340,000
- 21 Feb 2025Listed for Sale $345,000
- 06 Feb 2016Sold for $238,000
Recent sales nearby
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0About 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 3,320 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:
- The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
- Houses have a median rent of $500 while Units have a median rent of $390.
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