OFF MARKET

3/7 King Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 106m2
Land area: 181m2
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Property Details for 3/7 King St, Paynesville

3/7 King St, Paynesville is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1991. The property has a land size of 181m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1991
Floor Size
106m2
Land Size
181m2
Local Government
East Gippsland
Lot/Plan
3/PS515228

Last Listing description (March 2020)

This waterfront apartment captures a sublime aspect over the stunning canals, located just a few moments by boat or car to Paynesville's fine eateries & bars.

This immaculately presented three storey apartment features a stylish light filled living space spilling to an expansive deck, taking full advantage of the stunning water views. Ground floor with beautiful kitchen, dining & living room, sun room (4th bedroom) & private courtyard protected from the elements.

The second storey features the master bedroom, with BIR's and ensuite and canal side balcony, bedroom 2 with BIR's & family bathroom. Bedroom 3 is located on the third storey and features a spacious rooftop deck benefiting from views over the waterways and beyond.

Completing the home is a double garage with secure internal access & a separate single boat/storage shed. With quick access to the Gippsland Lakes, this home offers an amazing lifestyle year round.

Property History for 3/7 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$685,000
05 Mar 2020
Listed for Rent
$400/w
10 Oct 2013
  • 05 Mar 2020
    Sold for $685,000
  • 11 Apr 2019
    Listed for Sale $699,000
  • 16 Jun 2017
    Listed for Sale $725,000
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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 87 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.