OFF MARKET

1/16 King Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 369m2
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Last updated 11 Nov 2024
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Property Details for 1/16 King St, Paynesville

1/16 King St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 369m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in July 2010.

Building Type
House
Year Built
2003
Floor Size
142m2
Land Size
369m2
Local Government
East Gippsland
Lot/Plan
1/PS517826

Last Listing description (May 2020)

Close to the shops and foreshore is this architecturally designed town house packed full of features that will delight even the earnest of renter. Compromising of three bedrooms, two of which are located upstairs and one down, a large open plan lounge, kitchen and dining room that overlooks the lakes, two bathrooms, double garage, a great outdoor entertaining deck and Jetty at your doorstep. Strategically positioned to take in views of the lakes and the sandy beach with this property you will feel like you are on holiday all year round.

Property History for 1/16 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$605,000
16 Jul 2010
Listed for Rent
$390/w
07 May 2020
  • 08 Apr 2020
    Listed for Rent $390 / week
  • 11 May 2017
    Listed for Rent $395 / week
  • 03 May 2015
    Listed for Rent $410 / week
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About Paynesville 3880

The size of Paynesville is approximately 7 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2011 was 3,236 people. By 2016 the population was 3,476 showing a population growth of 7.4% in the area during that time. The predominant age group in Paynesville is 60-69 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation. In 2011, 72.3% of the homes in Paynesville were owner-occupied compared with 71.5% in 2016.

Paynesville has 3,107 properties. Over the last 5 years, Houses in Paynesville have seen a 49.15% increase in median value, while Units have seen a 44.12% increase. As at 31 October 2024:

  • The median value for Houses in Paynesville is $560,256 while the median value for Units is $352,705.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 90 properties listed for sale, and 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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