16-18 Kings Rd, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1293m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Situated on a generous double block (1,292 sqm approx.) just a short stroll to the edge of the Gippsland Lakes, this neat and tidy property is For Sale for the first time in 40 years and offers a wonderful place to call home.
Featuring a well-maintained two-bedroom home plus a bungalow and workshop at the rear with easy side-access and plenty of room for the caravan and boat. The sunny front porch (perfect place to enjoy a cuppa) leads into the entry hall adjoining the open plan living/dining area, updated kitchen with gas stove and a lounge room with wood fire. The home further comprises two bedrooms, central bathroom, separate toilet, laundry and a second living space providing room for a second lounge/retreat, study and/or sewing space. Comfort throughout the year with split system A/C units and ceiling fans (in addition to the wood fire).
The wide back verandah with roll-down shade awnings creates a practical large undercover area for entertaining or to simply sit and enjoy the quiet and peaceful location. The rustic timber-clad shed/man cave provides room for the tools and toys in additional to the double carport and the bungalow with kitchen sink and en suite bathroom would be ideal for guest accommodation or a teenager retreat.
The easy-care established gardens add appeal complete with large rainwater tank, watering system and raised veggie bed. Quietly tucked away on Fort King Island just moments to waterfront reserves, walking trails and boat ramp and a short drive to Paynesville shops, cafes, restaurants and sporting clubs. Bairnsdale's major retailers, hospital and V/Line Train Station are only 15 - 20 minutes away.
Note: Approximate boundaries on photos for indicative purposes only.
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 3,105 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:
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