OFF MARKET

1/29 King Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 95m2
Land area: 172m2
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Last updated 11 Nov 2024
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Property Details for 1/29 King St, Paynesville

1/29 King St, Paynesville is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 172m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1985
Floor Size
95m2
Land Size
172m2
Local Government
East Gippsland
Lot/Plan
1/RP8372

Last Listing description (April 2021)

A wonderful surprise awaits you at this much loved and well maintained home. On offer are two bedrooms, a very generous open plan living area with modern kitchen. Other features include modern bathroom, sunroom, garage and extra parking for 2 vehicles. The overall presentation and aspect of this home is a real treat. Walk to the cafe's, restaurants and lake. All ready to just move in and enjoy what living in Paynesville has on offer.

Property Code: 127

Property History for 1/29 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$345,000
15 Apr 2021
Listed for Rent
26 Feb 2021
  • 15 Apr 2021
    Sold for $345,000
  • 19 Feb 2021
    Listed for Rent - Price not available
  • 13 Nov 2019
    Sold for $240,000
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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 9 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.