Paynesville Suburb ProfileVictoria 3880
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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:
- 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.
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.
Market Insights
Paynesville Trends for Houses
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Paynesville Trends for Units
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Neighbourhood Insights
Age
Population 3636
0-9
6%
10-19
7%
20-29
5%
30-39
6%
40-49
8%
50-59
13%
60-69
21%
70-79
23%
80-89
10%
90-99
2%
Household Structure
Occupancy
Recent Sales in PAYNESVILLE 3880
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Properties for sale in PAYNESVILLE 3880
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Properties for rent in PAYNESVILLE 3880
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Last Updated: 07/12/2025
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.
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