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2/28 Main Road, Paynesville$445,000
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For Saleapartment

2/28 Main Road

Paynesville, VIC 3880, Australia
$445,000
4 bed 2 bath 2 car

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About this property

Freshly updated and perfectly positioned, this modern unit presents an outstanding opportunity for investors or owner occupiers seeking a low maintenance lifestyle just moments from shops, restaurants and the waterfront. Recently painted internally and featuring a recently replaced roof, the home is move in or rent ready, offering immediate appeal and minimal upkeep. Designed across two levels, the versatile floorplan provides space and flexibility for a range of living arrangements. Downstairs comprises two bedrooms, a central bathroom and a practical laundry/storage room that opens onto a deck overlooking the grassy rear yard complete with a garden shed, ideal for tenants or families seeking extra outdoor space. Upstairs is the heart of the home, showcasing a light filled open plan living area enhanced by timber floors and a stylish white cabinetry kitchen. This inviting space flows seamlessly onto an entertaining deck, perfect for relaxed indoor outdoor living. The upper level also features the master bedroom with built-in mirrored robes and direct access to the bathroom, along with a second bedroom. Additional features include a double carport and an easy care allotment, further enhancing the property's appeal as a smart investment or comfortable residence. With its central location and modern updates, this is a fantastic opportunity to secure a ready-to-go property offering strong rental potential and an enviable lifestyle.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Listed
3 months ago

Repayment calculator

$2,157/month
$1,079 /fortnight
Loan $356,000 at 6.10% over 30 years

Upfront costs

Deposit$89,000
Stamp duty$21,770
Conveyancing (est.)$2,000
Total upfront$112,770
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Paynesville

This 4-bedroom apartment in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 11% below the $499,000 median of 63 comparable apartmentswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)178 m away
  • Paynesville Bakery Cafe290 m away
  • Gilsenan Reserve419 m away
  • Unnamed1.1 km away

Paynesville at a glance

Full suburb profile
Population
3,636
Median age
62
Household income
$987/wk
Median rent
$310/wk
Median mortgage
$1,225/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Paynesville price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$360kcurrent median

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Price history

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1 price change recorded for this property

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