42 King StreetPaynesville VIC 3880
Property Details for 42 King St, Paynesville
42 King St, Paynesville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 674m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Paynesville in the last 12 months.
Last Listing description (June 2024)
Unlock the potential of this downtown gem! Nestled on a 674m2 allotment, this home features a living area, adjoining kitchen with meals space, three bedrooms, a bathroom and a carport.
Conveniently located for shopping, a 5 minute walk to the waterfront and scenic walking track along the waterfront. With potential for unit development, seize the opportunity to create a lucrative investment.
Property History for 42 King St, Paynesville, VIC 3880
- 06 Feb 2024Sold for $270,000
- 21 Dec 2023Listed for Sale Sold
- 28 Jan 2016Listed for Sale Not Disclosed
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0About 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 3,106 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.
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