121 King Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

121 King Street
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 236m2
Land area: 855m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 121 King St, Paynesville

121 King St, Paynesville is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 855m2 and floor size of 236m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
2021
Floor Size
236m2
Land Size
855m2
Local Government
East Gippsland
Lot/Plan
44/PS819612

Last Listing description (November 2020)

One of the best buys on the latest release in Paynesville Park. Huge 21m frontage overlooking Parkland & having easy access to nearby waterfront walking track. Being close to Paynesville Primary School & childcare centre makes this the perfect choice for the growing family. Open 7 days. Other allotments available include:
- Lot 33 $135,000
- Lot 34 Under Contract

- Lot 35 $150,000
- Lot 36 $135,000
- Lot 37 Under Contract
- Lot 38 $140,000
- Lot 39 $115,000
- Lot 40 $115,000
- Lot 41 Under Contract
- Lot 42 $137,500
- Lot 43 Under Contract
- Lot 44 Under Contract
- Lot 53 Under Contract
- Lot 54 Under Contract
- Lot 55 $132,500
- Lot 56 $120,000
- Lot 57 Under Contract
- Lot 58 $130,000
- Lot 59 Under Contract
- Lot 60 $130,000

Property History for 121 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$140,000
19 Dec 2019
  • 23 Dec 2019
    Listed for Sale $140,000
  • 19 Dec 2019
    Sold for $140,000
Commute Calculator

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 3,323 properties. Over the last 5 years, Houses in Paynesville have seen a 23.00% increase in median value, while Units have seen a 29.09% increase. As at 30 June 2026:

  • The median value for Houses in Paynesville is $606,878 while the median value for Units is $416,168.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 80 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 189 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.