OFF MARKET

5/85 Fort King Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 209m2
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Property Details for 5/85 Fort King Rd, Paynesville

5/85 Fort King Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 209m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2004.

Building Type
Unit
Year Built
1980
Floor Size
95m2
Land Size
209m2
Local Government
East Gippsland
Lot/Plan
5/SP27329

Last Listing description (December 2020)

Quality 2 Bedroom unit with only a short stroll to the water. Open plan kitchen/meals area with dishwasher, electric appliances throughout, bedrooms with built in robes. Reverse cycle in lounge and master, private back yard. Single lock up garage. NO PETS

Property History for 5/85 Fort King Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$217,500
08 Aug 2004
Listed for Rent
$275/w
29 Dec 2020
  • 02 Dec 2020
    Listed for Rent $275 / week
  • 03 Jun 2020
    Listed for Rent $275 / week
  • 02 Oct 2013
    Listed for Rent $220 / week
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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 9 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.