5/115 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 230m2 and floor size of 82m2.This Property is currently listed for sale with King & Heath First National - PAYNESVILLE
Offering an affordable opportunity to enter the Paynesville market, this neat two-bedroom unit combines comfortable living, low-maintenance appeal and the flexibility to be enjoyed today while providing potential for tomorrow.Set behind a fully fenced front yard, the home provides a private outdoor space that is both practical and easy to maintain. Inside, the functional layout includes a comfortable living area, kitchen and meals space, two bedrooms and a central bathroom, creating a home that is ready to enjoy. A single carport provides off-street parking, while the property's Main Road location offers convenient access with a short drive to Paynesville's town centre, local amenities and community facilities.Whether you're searching for your first home, looking to downsize or are an investor seeking a low-maintenance property with strong rental appeal, this is a versatile opportunity that ticks the boxes.
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 3,324 properties. Over the last 5 years, Houses in Paynesville have seen a 25.25% increase in median value, while Units have seen a 32.58% increase. As at 31 May 2026:
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