Is PAYNESVILLE a good suburb for positive geared property investment in Australia?

PAYNESVILLE in VIC currently features property rental yields up to 4.8% with a 12-month capital growth value of Down -0.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in PAYNESVILLE 3880?

The median house price in PAYNESVILLE 3880 is approximately $530,000 based on the latest tracked market indices.

Investment Spotlight • Australia

PAYNESVILLE 3880

State: VIC

Updated: 8 April 2026

PosiProp AI Investment Summary

PAYNESVILLE (VIC 3880) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Down -0.9%, with a median house buy price of $530,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$446,000

Up 6.2% 5.3% Yield

3 house • buy

$525,000

Down -2.7% 4.9% Yield

4 house • buy

$699,000

Up 8.0% 4.5% Yield

all house • buy

$530,000

Down -0.9% 4.8% Yield

Suburb Market Profile

Last month Paynesville had 17 properties available for rent and 85 properties for sale. Median property prices over the last year range from $530,000 for houses to $440,000 for units. If you are looking for an investment property, consider houses in Paynesville rent out for $500 PW with an annual rental yield of 4.8% and units rent for $380 PW with a rental yield of 5.3%. Paynesville has seen an annual compound growth rate of -0.9% for houses and -1.5% for units.

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