OFF MARKET

72 Fort King Road
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 172m2
Land area: 765m2
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Property Details for 72 Fort King Rd, Paynesville

72 Fort King Rd, Paynesville is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 765m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1985
Floor Size
172m2
Land Size
765m2
Local Government
East Gippsland
Lot/Plan
3/LP146861

Last Listing description (September 2022)

Situated on Fort King Island in Paynesville. Set on an easy-care 765sqm (approx.) allotment, this lovely 4-bedroom brick veneer home benefits from a 17m water frontage & having quick access to Gippsland Lakes. The home features open plan kitchen/meals/living area which opens to the backyard via sliding doors. The timber kitchen has plenty of bench space with electric wall oven, electric hot plates & dishwasher.
Other benefits include the separate formal lounge that leads to the separated zoned main bedroom with walk in robe & ensuite.
Further the north/eastern wing provides for the family or guests by having another 3 bedrooms with built in robes, bathroom & toilet, laundry, & floor heating which can be individually controlled from the bedrooms.

Outside completes the package with carport, secure fencing to the street, separate workshop area, outside toilet & shower plus private jetty & established gardens. All in all, an excellent proposition for people wanting to get on the waterfront.

Property History for 72 Fort King Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$881,000
23 Aug 2022
Listed for Rent
$420/w
12 Oct 2020
  • 23 Aug 2022
    Sold for $881,000
  • 20 Jun 2022
    Listed for Sale $880,000
  • 29 Sep 2020
    Listed for Rent $420 / 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 3,106 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.
There are currently 87 properties listed for sale, and 6 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 128 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.