78 Main Road, Paynesville, VIC 3880 sold on 14 March 2025 | OnTheHouse
SOLD
Sold on 14 Mar 2025 for $350,000

78 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1007m2
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Property Details for 78 Main Rd, Paynesville

78 Main Rd, Paynesville is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1007m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Land Size
1007m2
Local Government
East Gippsland
Lot/Plan
3/LP25498

Last Listing description (May 2025)

Nestled on a generous 1012 sqm allotment with a two-bedroom home and studio.
The residence features an updated kitchen, a cosy meals and lounge area, updated carpets, creating a warm and inviting atmosphere. With two comfortable bedrooms and a bathroom with shower and vanity, it's ready to enjoy.

The separate studio offers added flexibility.
Positioned just moments from the bowls club and a short five-minute stroll to shops and the stunning waterfront, this fully furnished property delivers both lifestyle and convenience. Plus, with future potential as a three-unit development site (STCA), it presents an exceptional opportunity for the astute investor.

Property History for 78 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$350,000
14 Mar 2025
  • 14 Mar 2025
    Sold for $350,000
  • 12 Feb 2025
    Listed for Sale Sold
  • 27 Nov 2023
    Sold for $357,500
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of 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 3,338 properties. Over the last 5 years, Houses in Paynesville have seen a 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:

  • The median value for Houses in Paynesville is $581,266 while the median value for Units is $381,129.
  • Houses have a median rent of $500 while Units have a median rent of $383.
There are currently 102 properties listed for sale, and 13 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.