49 Cumming St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 804m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Paynesville in the last 12 months.
Positioned in a quiet pocket of Paynesville, this well-kept three-bedroom, two-bathroom home offers a practical layout and plenty of room for everyday living. Whether you're after a permanent home or a weekend base near the water, this property is a solid option in a friendly, sought after town.The home features a spacious open-plan living, dining, and kitchen area that forms the heart of the home, ideal for relaxed family living or entertaining. The master bedroom includes a walk-in robe and private ensuite, while the remaining two bedrooms are fitted with built-in robes. A reverse cycle air conditioner and wood heater provide comfort throughout the year, while conveniently positioned sliding doors connect the dining room to a covered alfresco area and yard.The backyard is generous in size with rear access, and a powered 6x6 metre shed with concrete floor, offering excellent storage or workshop space. The yard is fully secure and offers plenty of space for kids, pets or gardening. Located just minutes from the town centre, this home is close to shops, cafes, schools, and the beautiful Gippsland Lakes, perfect for those seeking an easy-going lifestyle in a welcoming coastal town.The property is currently tenanted on a month-to-month basis, earning $390 per week. Whether you would like to live in the home or continue renting it out, the property is flexible and ready for its next owner!View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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 3,321 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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