5/115 Main Rd

Off Market

5/115 Main Rd

Paynesville VIC 3880

230 m²

Unit

Last sold for $265,000

Todd Leggatt, last sold this property on 22 July 2026 after 37 days on market.

Overview

AFFORDABLE OPPORTUNITY

Offering an affordable opportunity to enter the Paynesville market, this neat two-bedroom unit combines comfortable living, low-maintenance appeal and the flexibility to be enjoyed today while providing potential for tomorrow. Set behind a fully fenced front yard, the home provides a private outdoor space that is both practical and easy to maintain. Inside, the functional layout includes a comfortable living area, kitchen and meals space, two bedrooms and a central bathroom, creating a home that is ready to enjoy. A single carport provides off-street parking, while the property's Main Road location offers convenient access with a short drive to Paynesville's town centre, local amenities and community facilities. Whether you're searching for your first home, looking to downsize or are an investor seeking a low-maintenance property with strong rental appeal, this is a versatile opportunity that ticks the boxes.

Features

2 bedrooms

1 bathroom

1 carspace

1 carport space

230 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 5/115 Main Rd is $339k.

Median value

$339k

Estimated value range

$262k - $520k

Median days on market

108

Estimated value trend

-14%

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 5/115 Main Rd

2026

Sold

$265,000

22 Jul 2026 by Todd Leggatt, of King & Heath First National Paynesville

2024

Rented

Undisclosed

Leased on 30 Jan 2024 by King & Heath First National Paynesville

2021

Rented

Undisclosed

Leased on 16 Aug 2021 by King & Heath First National 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, 17 two-bedroom units similar to 5/115 Main Rd, have been sold.

This represents a 41% decrease in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Paynesville for a free market appraisal.

Wendy Beadle

4.8

(26 reviews)

Get a free market appraisal

Lorraine Edlington

at LJ Hooker Paynesville

Get a free market appraisal

Todd Leggatt

at King & Heath First National Paynesville

Get a free market appraisal

Deborah Pearson

at King & Heath First National Paynesville

(5 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Paynesville

Wendy Beadle

Wendy Beadle is an award winning recommended agent for Paynesville. They have 13 local sales and collected 14 local reviews across the last 12 months.