OFF MARKET

2/2 Fort King Place
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 97m2
Land area: 461m2
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Last updated 11 Nov 2024
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Property Details for 2/2 Fort King Pl, Paynesville

2/2 Fort King Pl, Paynesville is a 2 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a land size of 461m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Floor Size
97m2
Land Size
461m2
Local Government
East Gippsland
Lot/Plan
2/PS407977

Last Listing description (July 2011)

CHEAPEST WATERFRONT IN PAYNESVILLE
If you are looking for a great entry point to the Riviera Harbours waterfront in Paynesville - this is the ideal property. Located on a quiet part of the canal called Toonalook Waters just off McMillan Strait - the dividing water way between Paynesville and Raymond Island - the unit comprises 2 bedrooms, kitchen/living area, 1 bathroom and laundry. From the large double carport there is access to another shower & laundry as well as store room. Delightful east facing decked area of the living room looking out to McMillan Strait with direct access to half share jetty berth.

Property History for 2/2 Fort King Pl, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$565,000
25 Aug 2021
Listed for Rent
$280/w
19 Sep 2012
  • 25 Aug 2021
    Sold for $565,000
  • 22 Jul 2012
    Listed for Rent $280 / week
  • 06 Jan 2012
    Listed for Rent - Price not available
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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 3,104 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, 131 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.