22/2-8 Victoria Street, Paynesville, VIC 3880 | Unit for sale | OnTheHouse
 
FOR SALE
$410,000

22/2-8 Victoria Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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THE PERFECT LAKESIDE INVESTMENT

Positioned within the ever-popular Mariners Cove complex, this fully furnished townhouse offers a reliable holiday investment in the heart of Paynesville. With easy access to the town centre, the foreshore, cafés and local eateries, it's no surprise Mariners Cove continues to be a sought-after destination year-round.
Professionally managed by an experienced local team, the complex delivers strong occupancy and consistent returns, making this an ideal set-and-forget asset. Guests enjoy a relaxed stay overlooking McMillan Strait, with a welcoming outdoor area that captures the peaceful waterfront atmosphere.
The ground level features open-plan living, dining and kitchen zones along with a communal bathroom, all designed for easy holiday living. Upstairs, the apartment features two bedrooms. One includes two double beds with built-in robes, while the main bedroom offers a queen bed, built-in robes and a private balcony with views across McMillan Strait.
A dedicated carpark is located right at the doorstep, and the recently refreshed outdoor gardens and landscaping ensure the property presents beautifully from the moment guests arrive.
Fully furnished and ready to continue in the successful holiday rental pool, the property also includes private owner use for up to four weeks per year (excluding peak periods).
Contact the team at King & Heath Paynesville on 03 5156 6766 to learn more.
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Property Details for 22/2-8 Victoria St, Paynesville

22/2-8 Victoria St, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with King & Heath First National - PAYNESVILLE.

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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 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 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.

Paynesville has 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Paynesville.

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Todd Leggatt
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King & Heath First National - PAYNESVILLE
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