OFF MARKET

16-18 Kings Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 1293m2
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Property Details for 16-18 Kings Rd, Paynesville

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.

Building Type
House
Year Built
1960
Floor Size
126m2
Land Size
1293m2
Local Government
East Gippsland
Lot/Plan
140/LP55819

Last Listing description (December 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.

Property History for 16-18 Kings Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$360,000
16 Oct 2020
  • 16 Oct 2020
    Sold for $360,000
  • 14 Oct 2020
    Listed for Sale Contact Agent
  • 26 Mar 1980
    Sold for $33,000
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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 3,105 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:

  • 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 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.

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.