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

123 King Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 161m2
Land area: 882m2
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Last updated 17 Aug 2026
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Property Details for 123 King St, Paynesville

123 King St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 882m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
2022
Floor Size
161m2
Land Size
882m2
Local Government
East Gippsland
Lot/Plan
45/PS840653

Last Listing description (June 2021)

Overlooking Paynesville Park Reserve, this lovely 882sqm allotment features a wide 21.26m street frontage for easy access to the back yard for extra shedding. Being close to the waterfront walking track, Sunset Cove Beach & local boat ramps coupled with all services available makes this allotment a steal in today's market. Titles available in February 2021. Open 7 days.

Property History for 123 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$145,000
19 Nov 2020
  • 19 Nov 2020
    Sold for $145,000
  • 29 Jul 2020
    Listed for Sale $145,000
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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 3,321 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 74 properties listed for sale, and 13 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 181 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.