It pays to pick up a local map. Some of the online maps services have errors, and don't show the canals or newer roads.
A bicycle is perfectly suited to Paynesville. The area is flat, the roads are quiet, and the Raymond Island ferry carries bicycles free of charge.
The town centre is easy to walk around.
Parking is available everywhere.
To see many of the areas surrounding the lakes a boat is required. There are several options for dingy, cruiser, or kayak hire in town.