OFF MARKET

111 King Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 167m2
Land area: 469m2
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Property Details for 111 King St, Paynesville

111 King St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 469m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
2021
Floor Size
167m2
Land Size
469m2
Local Government
East Gippsland
Lot/Plan
1/PS840659

Last Listing description (October 2024)

Located in the heart of Victoria's boating capital, Paynesville, 111 King Street is a stunning 3-year-old EVCG build that epitomises ultra-modern, low-maintenance living.

The home features three bedrooms, with a main suite boasting an oversized walk-in robe and a luxurious ensuite. The remaining two bedrooms, complete with built-in robes, are serviced by a stylish family bathroom.

The open-plan living zone seamlessly transitions to a sunny alfresco space, perfect for entertaining guests or enjoying a quiet evening. The sleek kitchen is a chef's delight, equipped with a walk-in pantry and high-end appliances.

Additional amenities include a convenient study nook, two split systems for year-round comfort, and first-class fixtures and fittings throughout. This north-facing property ensures plenty of natural light and is ideally situated opposite the parklands and walking track, and is just 500 metres from either the Freeman Recreation Reserve or Sunset Cove Beach.

Book your inspection with Shaun Carr on 0455 540 207 and step into your perfect coastal retreat.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 111 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$440,000
09 Sep 2021
  • 27 Jul 2024
    Listed for Sale $550,000 - $560,000
  • 09 Sep 2021
    Sold for $440,000
  • 20 Jul 2021
    Listed for Sale $440,000
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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 88 properties listed for sale, and 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 130 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.