50a Vaughan St, Paynesville is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 315m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Primely located just off the main road, 50A Vaughan Street offers the perfect blend of convenience and lifestyle. The property is ideal for downsizers, investors, or anyone looking for a low-maintenance coastal lifestyle, as it is currently leased at $350 per week, making it a fantastic investment opportunity or cosy home.Step inside to discover a bright and airy open-plan living space, complemented by a modern and functional kitchen. Two generously sized bedrooms, both with built-in robes, provide ample storage for everyday living, while the central split system, as well as a cozy woodfire heater ensure year round comfort. The well-appointed bathroom includes a separate toilet and a dedicated laundry space for added practicality.A short stroll or drive will land you in the centre of Paynesville's bustling township, complete with the local IGA, your pick of local caf's and the serene foreshore to enjoy, While the Freeman reserve, Bowls club and primary school are just down the street for added convenience.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 3,384 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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