OFF MARKET

55 Fort King Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 106m2
Land area: 557m2
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Property Details for 55 Fort King Rd, Paynesville

55 Fort King Rd, Paynesville is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1978. The property has a land size of 557m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1978
Floor Size
106m2
Land Size
557m2
Local Government
East Gippsland
Lot/Plan
125/LP55819

Last Listing description (November 2021)

Currently rented until August 2022. Ideally located on Fort King Road, within walking distance of the waterfront and a short drive to boat ramp, shops and cafes, this is a fantastic opportunity for investment or a holiday home.
Inside consists of open plan kitchen and dining, with access to the large undercover deck at the front of house or retreat to the separate sunken lounge. Three bedrooms all with built in robes and the main bedroom opening directly to the garden. Renovated bathroom with bath, laundry, side access to carport, dishwasher and split system heating and cooling.
Stepping into the back yard reveals ample undercover entertaining area with further shade sail cover, low maintenance manicured garden, small shed and larger double garage with single roller door, power, water and potbelly fireplace, ideal for a workshop, storage or to house your boat or caravan. To top it all off an 18-panel solar power system takes care of the energy needs.

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Property History for 55 Fort King Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$402,000
25 Oct 2021
Listed for Rent
$290/w
27 Nov 2018
  • 25 Oct 2021
    Sold for $402,000
  • 14 Oct 2021
    Listed for Sale $395,000
  • 07 Nov 2018
    Listed for Rent $290 / 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 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.

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