145 King St, Paynesville is a 4 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in July 2023.
Built in 2023, this contemporary four bedroom brick home offers the ideal combination of modern comfort, quality construction and an enviable lifestyle location. Positioned just one street back from King Lake and only a short stroll to Paynesville's vibrant shopping precinct, cafs, restaurants and waterfront, this is an opportunity to enjoy everything the Gippsland Lakes have to offer without compromising on convenience.
Designed with easy everyday living in mind, the home features a light-filled open plan kitchen, dining and living area that forms the heart of the home. In addition, a second living space at the front of the home provides valuable flexibility, perfect as a formal lounge, media room or quiet retreat. The well-appointed kitchen provides ample storage and bench space, making it equally suited to family life or entertaining guests. Four generous bedrooms provide plenty of accommodation, with the master enjoying its own private ensuite and walk-in robe, while the remaining bedrooms are serviced by a stylish central bathroom.
Outside, the low maintenance yard allows you to spend more time enjoying the relaxed Paynesville lifestyle and less time on upkeep. Whether you're looking for a quality family home, a modern holiday retreat or a sound investment, this property delivers exceptional versatility.
With King Lake just around the corner, the Gippsland Lakes at your doorstep and the town centre within easy walking distance, this near-new home presents an outstanding opportunity to secure a quality property in one of East Gippsland's most sought-after coastal communities.
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 3,321 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:
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