Back 4/54 Main Rd
Off Market

4/54 Main Rd

Paynesville VIC 3880

2
1
2
258 m²
Unit
Lorraine EdlingtonLorraine Edlington, last sold this property on 20 March 2026 after 94 days on market.

Overview

SUIT INVESTOR

This freestanding unit offers a golden investment opportunity in a 4 unit complex. Featuring open plan living area with modern laminate flooring, kitchen with updated benchtops and electric oven. Two bedrooms, each equipped with built-in robes, provide comfort and convenience. Other amenities include a bathroom, laundry, carport, private rear yard and second car parking space. Currently leased at $350.00 per week until 18.12.26, it's a prime investment waiting to be seized. Located close to shops, waterfront and a bowls club.

Features

2 bedrooms
1 bathroom
2 carspaces
2 carport spaces
258 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Paynesville over the last 12 months, the estimated median property value of 4/54 Main Rd is $340k.

Median value
$340k
Estimated value range
$262k - $520k
Median days on market
105
Estimated value trend
-19%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Paynesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/54 Main Rd

2026
Sold
Undisclosed
Private Sale/Treaty on 20 Mar 2026 by Lorraine Edlington, of LJ Hooker Paynesville
2025
Rented
Undisclosed
Leased on 11 Dec 2025 by LJ Hooker Paynesville
2023
Rented
Undisclosed
Leased on 22 Dec 2023 by LJ Hooker Paynesville

Happy sellers in Paynesville

69%
69% of sellers in Paynesville reported that their sale price either exceeded or met their price expectations.

Paynesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Paynesville over the last 12 months.

Local market activity for 2 bedroom units in Paynesville

In the last 12 months, 12 two-bedroom units similar to 4/54 Main Rd, have been sold.

This represents a 19% increase in two-bedroom units sales when compared to the previous 12 months.

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