2/16 King St, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 320m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in Paynesville in the last 12 months.
This exclusive waterfront property architecturally designed three-bedroom home offers the perfect mix of lifestyle and location. Whether you are after a permanent place to call home, a low-maintenance weekender or a solid holiday rental, 2/16 King Street ticks the boxes.
The property is privately located with security gates has a great feel from the moment you walk in. Solid construction, modern finishes and a clever layout that really makes the most of the northerly aspect and those beautiful canal views.
Downstairs you will find the open-plan kitchen and living area filled with natural light, plus the main bedroom all opening out to a private balcony overlooking the water. It is a great spot to relax, entertain or just watch the boats go by. You have direct access to your own private beach and a deep-water jetty berth ideal if you have a boat or just love being near the water. Upstairs, there are two more bedrooms and another balcony perfect for sitting out with a coffee or a good book enjoying the peace and quiet.
Everything is within walking distance the Paynesville foreshore, shops, IGA and plenty of great local cafes and eateries. A great waterfront home in a top location one that offers both security and a great lifestyle.
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 3,320 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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