5b Waterloo Ct, Paynesville is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1996. While the property is not currently for sale or for rent, it was last sold in August 2017.
Located in popular Waterloo Court with a private jetty berth and within easy walking distance of Paynesville town center, this waterfront home is a delight. ACCOMMODATION INCLUDES: well zoned bedrooms (the main with ensuite), main bathroom and separate laundry, open plan living with kitchen, lounge/dining and sitting room opening on to an outdoor entertaining area leading to the jetty. Access to McMillan Strait and the Gippsland Lakes system in general is extremely easy from this location. The residents of Waterloo Court have access to their own tennis court. The vendors are the first owners of this property which is one of three single level town houses. For many years it has been leased for holiday accommodation with a long list of happy holiday makers who return on a regular basis to enjoy a peaceful holiday on the Gippsland Lakes.
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 3,325 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:
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