5 Magnetic Retreat, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 489m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
You will be delighted from the moment you set eyes on this character filled home. Formal lounge, kitchen/meals/family room, glass sliding doors open onto the indoor/outdoor room, master bedroom with ensuite and walk-in robe, two further bedrooms with BIR's and spacious bathroom. Enjoy the cool breezes on the front verandah and take in the views of the township and lake. Pretty gardens, 8mx6m garage, level entry via rear access, ducted gas heating, split system and dishwasher.
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 3,379 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:
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