1/11 King Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
FOR SALE

1/11 King Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 372m2
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Property Details for 1/11 King St, Paynesville

1/11 King St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 372m2.This Property is currently listed for sale with LJ Hooker Paynesville

Building Type
House
Land Size
372m2
Local Government
East Gippsland
Lot/Plan
1/PS341446

Last Listing description (August 2026)

Perfectly positioned on the canal in the heart of Paynesville, this inviting waterfront home offers the ultimate combination of relaxed canal living and unbeatable convenience. Just a five minute stroll to shops, cafes, restaurants and the foreshore, you can leave the car at home and enjoy everything this sought after lifestyle has to offer.
Step outside to your private jetty berth, capable of accommodating two boats, with quick and easy access to McMillan Strait and the magnificent Gippsland Lakes.

Designed to embrace its picturesque waterfront setting, the spacious open plan living and dining area enjoys tranquil canal views and flows effortlessly through sliding glass doors to the waterside entertaining deck. A second private outdoor living area on the eastern side of the home provides another peaceful space to relax, while the north facing courtyard is perfect for enjoying the sunshine throughout the day.
At the heart of the home is the well appointed kitchen, offering generous bench space, abundant storage, a dishwasher and electric cooking, making it ideal for both everyday living and entertaining.
The waterfront master bedroom captures beautiful canal vistas and provides a peaceful retreat. Two additional bedrooms include built-in robes and are serviced by a central family bathroom. A spacious laundry, garage, additional off street parking, split system heating and cooling, and gas heating ensure year round comfort and practicality.
Whether you're searching for a permanent residence, a low maintenance holiday home or the perfect lock up and leave waterfront retreat, this exceptional property delivers an enviable lifestyle with boating at your doorstep and the convenience of downtown Paynesville just moments away.

Property History for 1/11 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$205,000
29 Jun 1998
  • 24 Jul 2026
    Listed for Sale $1,100,000
  • 29 Jun 1998
    Sold for $205,000
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. There are 8 parks, covering nearly 3.7% of the 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 3,313 properties. Over the last 5 years, Houses in Paynesville have seen a 18.61% increase in median value, while Units have seen a 23.12% increase. As at 31 July 2026:

  • The median value for Houses in Paynesville is $600,614 while the median value for Units is $391,369.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 72 properties listed for sale, and 15 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 183 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.