OFF MARKET

8 Fort King Place
Paynesville VIC 3880

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 270m2
Land area: 804m2
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Property Details for 8 Fort King Pl, Paynesville

8 Fort King Pl, Paynesville is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 804m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1990
Floor Size
270m2
Land Size
804m2
Local Government
East Gippsland
Lot/Plan
7/PS441057

Last Listing description (October 2019)

Expansive views, easy access out to the lake, double garage with loft bedroom and ensuite, lots of room to moor boats, the list goes on. This magnificent home situated in Fort King Place, has uninterrupted views up and down the canal and has one of the best locations available. The home has 4 bedrooms and 3 bathrooms, plus the bedroom and bathroom in the loft, it has beautiful timber floors down stairs in the living areas and carpet to the bedrooms. Some of the bedrooms have their own private timber decks and there is a small bar with view of the canal as well. The master bedroom has spectacular views over the canal, walk through robe, ensuite with spa bath and a private lounge/study. For the entertainer there is a substantial covered timber outdoor area leading down to the jetty and boat moorings. The red lines on the aerial shot are only a guide to show which property is being offered for sale.

Property Code: 783

Property History for 8 Fort King Pl, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,400,000
22 Oct 2019
  • 22 Oct 2019
    Sold for $1,400,000
  • 11 May 2017
    Listed for Sale $1,499,000
  • 23 Mar 2016
    Sold for $1,400,000
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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.

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