Paynesville vs Raymond Island
House prices, rent and lifestyle, side by side. Every figure shows its period and source.
Bars scale each row to its largest figure.
| Suburb | PaynesvilleEast Gippsland | Raymond IslandEast Gippsland |
|---|---|---|
| Price & rent | ||
| Median house priceValuer-General Victoria | $525,000 (calendar year 2025) | $532,500 (calendar year 2025) |
| Median unit price | $435,000 (calendar year 2025) | not available |
| Median weekly rentDFFH / Census 2021 | $310/wk | $280/wk |
| Gross rental yieldweekly rent x 52 / house price, before costs | 3.07% | 2.73% |
| People | ||
| PopulationABS Census 2021 | 3,636 | 589 |
| SEIFA advantage decile | 4/10 | 5/10 |
| Housing | ||
| Houses | 86% | not available |
| Townhouses | 11% | 0% |
| Apartments/units | 1% | 0% |
| Transport | ||
| Distance to Melbourne CBD | not available | not available |
| Train stations | 0 | 0 |
| Tram stops | 0 | 0 |
| Planning & risk | ||
| Flood overlayVicmap Planning | 35% | 81% |
| Bushfire overlayVicmap Planning | 0% | 30% |
| Heritage overlayVicmap Planning | 0% | 0% |
| Schools (zoned government) | ||
| Primary | Eagle Point Primary School, Paynesville Primary School | Eagle Point Primary School, Loch Sport Primary School, Paynesville Primary School |
| Secondary | Bairnsdale Secondary College | Bairnsdale Secondary College, Sale College |
| Safety | ||
| Recorded crime (council area)Crime Statistics Agency Victoria, council-wide | Higher than most areas | Higher than most areas |
Key differences
- Paynesville is higher on median weekly rent (by about 11%).
- Paynesville is higher on population (by about 517%).
- Raymond Island is higher on flood overlay share (by about 46 percentage points).
- Raymond Island is higher on bushfire overlay share (by about 30 percentage points).
Median house price over time
PaynesvilleRaymond Island
The median house price in Paynesville was $525,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $435,000 in calendar year 2025. The median house price in Raymond Island was $532,500 in calendar year 2025 (Valuer-General Victoria).