111 King St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Paynesville in the last 12 months.
Step into modern coastal living at its finest. This beautifully presented 2021 EVCG build combines contemporary elegance with effortless comfort, offering a home that is both stylish and highly functional.The main suite is a true sanctuary, complete with an oversized walk-in robe and a luxurious ensuite. Two additional bedrooms with built-in robes provide ample accommodation for family or guests, serviced by a beautifully finished central bathroom. A versatile study nook adds valuable flexibility for work, study, or creative pursuits.The heart of the home is the light-filled open-plan living zone, flowing seamlessly to a sun-drenched alfresco area-perfect for entertaining or relaxing in the peaceful coastal surrounds. The sleek kitchen will delight home cooks with its premium appliances, walk-in pantry, and thoughtful design.Positioned to capture north-facing natural light, this home is enhanced by quality fixtures and fittings throughout, plus year-round comfort provided by two split-system units. Located opposite lush parklands and within an easy stroll to Freeman Recreation Reserve and Sunset Cove Beach, it offers the ideal blend of convenience and tranquillity.Currently leased at $530 per week until 2 April 2026, this property represents an excellent opportunity for investors seeking strong rental returns and long-term security.*Virtual furniture for illustrative purposes only.View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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 3,326 properties. Over the last 5 years, Houses in Paynesville have seen a 25.25% increase in median value, while Units have seen a 32.58% increase. As at 31 May 2026:
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