OFF MARKET

5/29 King Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 167m2
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Last updated 11 Nov 2024
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Property Details for 5/29 King St, Paynesville

5/29 King St, Paynesville is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 167m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1970
Floor Size
88m2
Land Size
167m2
Local Government
East Gippsland
Lot/Plan
5/RP8372

Last Listing description (February 2022)

If you have been looking for a lovely down town unit, then take a look at this. Having been lovingly cared for by the current owner, the unit offers quick & easy access to Paynesville shopping centre and waterfront from the nearby lane. Facing north the property captures all the day sun & the established gardens provide privacy, allowing you to sit under the front verandah with seclusion. There is a single lock up garage, separate lounge, north facing kitchen/meals area, two big bedrooms with built in robes, plus much more. Being in a popular location this will create interest. So be quick. Open 7 days.

Property History for 5/29 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$375,000
14 Jan 2022
  • 14 Jan 2022
    Sold for $375,000
  • 03 Dec 2021
    Listed for Sale $375,000

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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 3,107 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 90 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.