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Aerial view of Paynesville (Vic.), VIC

Aerial view

Imagery © Esri

The quick read on

Paynesville

VIC 3880 · East Gippsland

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$544,000

latest suburb median

Median unit
$429,000

latest suburb median

Population
3,636

ABS 2021

Postcode
3880

Paynesville, Victoria

Property market insights for Paynesville (Vic.)

Median sale price and rental income of properties in Paynesville (Vic.) VIC

Median price trend for houses

Based on 124 sales in the preceding 12 months

$544,000

Up 3.8% over 12 months

$600k$500k$400k20212023202420252026
2 bed
$430k
3 bed
$542k
4 bed
$576k
5+ bed
$620k

Median rent trend for houses

Based on 80 rental listings in the preceding 12 months

$500 per week

Up 5.3% over 12 months

$500$450$400$35020212023202420252026

Market data updated October 2026.

The median house price in Paynesville (Vic.), VIC is currently $544,000, based on the latest 12 months of sales. Paynesville (Vic.) has a 12-month growth rate of 3.8% for houses and -0.1% for units.

Two-bedroom houses have a median sale price of $430,000, Three-bedroom houses have a median sale price of $542,000, Four-bedroom houses have a median sale price of $576,000, Larger houses have a median sale price of $620,000 in Paynesville (Vic.).

If you're looking to lease, the median rent for houses in Paynesville (Vic.) is $500 per week. The median house rent has increased 5.3% over the last 12 months.

The median price of apartments and units for sale in Paynesville (Vic.) is $429,000, which has decreased 0.1% since the same time last year. Two-bedroom apartments and units have a median sale price of $390,000, Three-bedroom apartments and units have a median sale price of $500,000 in Paynesville (Vic.). The median rent for units and apartments in Paynesville (Vic.) is $375 per week and has remained unchanged over the last 12 months.

Crime and safety

Is Paynesville safe?

The overall rate for Paynesville is 5,389 offences per 100,000 residents — 32% above the Rest of Vic. benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Paynesville.

Overall crime rate

5,389

offences per 100,000 residents

32% aboveRest of Vic.

PaynesvilleRest of Vic.: 4,070

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Paynesville?

Paynesville VIC 3880 is in Victoria, within Rest of Vic..

3,636 people call Paynesville home, with an average of 2 people per household and a median household income of $987 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
3,636
Median age
62 years
Median mortgage
$1,225 / month
2021 household rent
$310 / week
Above the benchmarkBelow the benchmarkIn lineRest of Vic. benchmark

Age profile

Share of residents in each age band.

Under 1510.0%Below
15–3411.7%Below
35–5415.7%Below
55–7441.3%Above
75 and over21.2%Above

Homes

Share of occupied private dwellings.

Separate houses85.8%Below
Townhouses11.3%Above
Apartments1.2%Below

Ownership

Share of homes with a stated ownership or rental status.

Owned outright58.4%Above
Paying a mortgage19.9%Below
Renting21.7%Below

Cars at home

Vehicles available to occupied households.

No car3.4%Below
One car40.4%Above
Two cars40.1%Above
Three or more16.4%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home13.7%Below
Drove to work65.5%Above
Train, tram or bus0.0%Below
Walked or cycled2.3%Below

What stands out in Paynesville

13.7% of workers in Paynesville worked from home on Census day.

7.0% of Paynesville residents were born in England, about twice the rate across Rest of Vic..

46.5% of people in Paynesville described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Paynesville

Open any question for a plain-English reading of the public 2021 Census for Paynesville VIC 3880.

Is Paynesville family-friendly?Age, family structure and household size describe the community families would be joining.

10.0% of Paynesville's residents were children under 15 in the 2021 Census. That is well below the Rest of Vic. average.

1,081 family households lived in Paynesville; 20.5% were couple families and 12.0% were one-parent families.

18.9% of local families included children under 15. That is about half the Rest of Vic. rate.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Paynesville?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Paynesville had 3,636 residents at the 2021 Census.

12.0% of residents were aged 25 to 44.

62.5% were 55 or older. That is well above the Rest of Vic. average.

Age shares use the suburb’s total Census population.

What kind of homes are in Paynesville?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 85.8% of occupied private dwellings in Paynesville.

Townhouses and other attached homes represented 11.3% of occupied private dwellings.

Flats and apartments accounted for 1.2% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Paynesville?Tenure shows how many households own outright, have a mortgage or rent.

58.4% of households with a stated tenure owned their home outright. That is well above the Rest of Vic. average.

19.9% were buying their home with a mortgage.

21.7% rented their home. That is somewhat below the Rest of Vic. average.

Tenure shares include households that stated one of these three arrangements.

How large are households in Paynesville?Household-size data shows the mix behind the suburb-wide average.

The average household in Paynesville had 2.0 people.

One-person households made up 34.0% of occupied homes. That is somewhat above the Rest of Vic. average.

Two-person households represented 47.5%, while 9.3% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Paynesville?Census-day travel shows the balance between home, road, public transport and active travel.

13.7% of workers worked from home on Census day. That is close to the Rest of Vic. average.

65.5% drove a car as their only travel method. That is somewhat above the Rest of Vic. average.

0.0% used only a train, tram or bus, while 2.3% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Paynesville?Vehicle availability helps describe the routines local households can support.

3.4% of occupied households had no motor vehicle available. That is close to the Rest of Vic. average.

One-car households formed 40.4% of the total.

56.4% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Paynesville, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

55.2% were at the same address five years earlier, while 44.8% reported a different address.

16.5% of residents were born outside Australia. That is somewhat above the Rest of Vic. average.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Paynesville?Language at home gives a direct view of the community’s everyday linguistic mix.

93.7% of residents used only English at home.

3.0% used a language other than English at home.

0.2% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.

Home language is separate from English proficiency.

Where were Paynesville residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

16.5% of Paynesville's population was born outside Australia, while roughly 83.5% was born in Australia.

0.2% of residents were born in China.

0.5% were born in India, while Australian citizenship across the whole suburb stood at 92.4%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Paynesville?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 50.5% of ancestry responses in Paynesville.

Australian ancestry made up 37.0% of responses.

Chinese ancestry represented 0.7% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Paynesville?Occupation describes a person’s role; industry describes the sector employing them.

17.6% of employed residents worked in professional occupations. That is close to the Rest of Vic. average.

Managers accounted for 12.5% of employed residents, while clerical and administrative workers made up 11.7%.

Health care and social assistance employed 21.3% of workers, and education and training employed 9.3%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Paynesville?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 38.1%, compared with 57.4% across Rest of Vic..

17.5% of residents aged 15 and over worked full time, while 15.4% worked part time.

Unemployment was 5.0%, compared with 4.1% across Rest of Vic..

Labour-force figures come from the 2021 Census.

What does the health profile of Paynesville show?Selected long-term health conditions help describe community service needs.

43.6% reported no selected long-term health condition.

12.4% reported a long-term mental health condition, including depression or anxiety.

9.8% reported asthma, 18.2% arthritis and 6.9% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Paynesville?Qualifications describe the study pathways represented among local residents.

16.3% of people in the qualifications table held a bachelor degree. That is somewhat below the Rest of Vic. average.

Postgraduate degrees accounted for 4.3% of qualification responses.

Diploma-level qualifications represented 19.6%, while certificate-level qualifications represented 41.9%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Paynesville?Census income and household payments give historical context for local living costs.

Median household income was $987 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $1,225.

Occupied renting households reported a median rent of $310 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Paynesville compare with Rest of Vic.?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 13.7% in Paynesville, compared with 15.1% across Rest of Vic..

Outright ownership was 58.4% locally and 40.9% across Rest of Vic.. That is well above the Rest of Vic. average.

Renting accounted for 21.7% in Paynesville, against 24.5% across Rest of Vic..

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Paynesville (Vic.)

Is Paynesville (Vic.) expensive?

The median house price is $544,000, while units and apartments sit at $429,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Paynesville (Vic.) good for families?

The Census counted 1,081 local families, and 10.0% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Paynesville (Vic.)?

Larger houses have a median around $620,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Paynesville (Vic.)

120 streets in Paynesville (Vic.)

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Acacia Ct
  • Admirals
  • Ah Yee Pl
  • Alice Ct
  • Apollo Close
  • Aquarius
  • Araluen Ct
  • Ashley St
  • Backwater Ct
  • Bedggood Gr
  • Beechey Place
  • Bishop
  • Blake Ave
  • Bridge Pl
  • Bungaree Ave
  • Burden Pl
  • Callistemon Ct
  • Camellia Cl
Show all 120 streets
  • Canal Rd
  • Charlotte Fenwick Boulevard
  • Coast Ave
  • Cumming St
  • Devon Rd
  • Digney St
  • Driftwood Cl
  • Eaton Pl
  • Emily May Parade
  • Erickson Ln
  • Esplanade
  • Firefly Lane
  • Fleischer St
  • Fort King Pl
  • Fort King Rd
  • Fullarton Dr
  • George St
  • Gilsenan St
  • Government Rd
  • Grandview Road
  • Hakea Ct
  • Hancock Ct
  • Harbour Ct
  • Haylock Dr
  • Hayman Pl
  • Headland Tce
  • Heaths
  • Idalia Lane
  • Ilfracombe
  • Infinity Ct
  • Jacaranda Dr
  • Jim
  • Kellina Ct
  • Kings Rd
  • King St
  • Lady Harriett Lane
  • Lady Loch Lane
  • Langford Pde
  • Lara Cl
  • Lewis Pl
  • Lindemann Rtt
  • Lotus Pl
  • Magnetic Rtt
  • Magnolia
  • Main Rd
  • Maitland Lane
  • Manoora Ave
  • Mara Cl
  • Marina Dr
  • Mariners Pl
  • May Park Dr
  • Mcmillan Gr
  • Milton Ave
  • Mitchell St
  • Napier Lane
  • Nautilus Cl
  • Newlands Dr
  • Newton Cl
  • North Quay Pl
  • Oakley Cr
  • Parkwood Cl
  • Paynesville Rd
  • Pma Marina
  • Pretty Jane Lane
  • Queenscliffe Street
  • Queen St
  • Raymond Street
  • Rex St
  • Reynolds St
  • Riviera Cl
  • Rosedale Way
  • Schoolyard Court
  • Schooner Tce
  • Sheerwater Tce
  • Simpson St
  • Slip Rd
  • Smallman Ct
  • Sunset Dr
  • Tambo Ave
  • Tanjil Ave
  • The Beacons
  • The Grange
  • The Inlet
  • The Moorings
  • The Point
  • Toonalook
  • Toonalook Pde
  • Twomey Pl
  • Vaughan St
  • Victoria St
  • View Street
  • Wanda Close
  • Waratah Ave
  • Waterlily Way
  • Waterloo Ct
  • Waverley Ct
  • Wellington St
  • William St
  • Windermere Tce
  • Windjammer Ct
  • Wisteria Pl
  • Woodland Ct

Keep exploring

Is Paynesville (Vic.) right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.