121-123 Slip RoadPaynesville VIC 3880
Property Details for 121-123 Slip Rd, Paynesville
121-123 Slip Rd, Paynesville is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1153m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Paynesville in the last 12 months.
Last Listing description (September 2025)
A waterfront holding of rare distinction, 121-123 Slip Road is one of the most significant residential offerings in the heart of Paynesville, a landmark position on the shores of the Gippsland Lakes with an expansive stretch of private water frontage.
Commanding an impressive double allotment, this award-winning, master-built residence has been cherished by the same family for decades, offering an unparalleled combination of space, privacy, and direct boating access. The home's striking upswept roofline and cantilevered deck with viewing platform frame uninterrupted panoramas over McMillan Strait and the canals, with vast walls of glass flooding the interiors with light and capturing the ever-changing waterscape.
Purpose-built for a life of leisure and wellbeing, the residence features a 25-metre lap pool set into landscaped surrounds, a private cellar for the avid collector, and a personal gym space. Multiple living and entertaining zones flow effortlessly to the outdoors, while warm timber finishes, raked ceilings, and thoughtfully layered panelled textures create a timeless yet relaxed coastal atmosphere.
With a private jetty, sheltered deep-water access, and sweeping lawns that extends to the water's edge, this is a home where every detail speaks to the joy of waterfront living.
Opportunities of this scale and calibre in central Paynesville are extraordinarily rare. A residence of enduring style, architectural distinction, and unmatched connection to its spectacular setting.
Contact the team at King & Heath Paynesville for further information.
Property History for 121-123 Slip Rd, Paynesville, VIC 3880
- 10 Sep 2025Sold for $2,720,000
- 15 Aug 2025Listed for Sale $2,720,000
Recent sales nearby
See more recent sales nearby/assets/perm/zjwsyuiuyai6vnxeffw7kk5kpa?signature=4b9ce6cb8eccd6144dedc829778174051fae1d349920e4c89c6aee3a0eae9fa0){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 3,338 properties. Over the last 5 years, Houses in Paynesville have seen a 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:
- The median value for Houses in Paynesville is $581,266 while the median value for Units is $381,129.
- Houses have a median rent of $500 while Units have a median rent of $383.
Suburb Insights for Paynesville 3880
Market Insights
Paynesville Trends for Houses
N/A
N/A
View TrendN/A
N/A
Paynesville Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
