7b Sheerwater Tce, Paynesville is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 504m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
SIGNIFICANT PRICE REDUCTION!!
On Riviera Harbours in Sheerwater Terrace, Paynesville this large double storey home is perfect for people wanting that extra living space with a low maintenance yard. Facing East, the home captures morning sun from the huge downstairs entertaining deck while having expansive water views of the harbours. Downstairs includes the open plan kitchen/meals/family area, 2 bedrooms each having an ensuite, bathroom, laundry, powder room & double garage with internal access to the home. Upstairs adds benefits with another 2 bedrooms, each have an ensuite bathroom, separate living area & a large parents retreat or study. This home has plenty to offer at this price.
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 3,337 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:
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