2/16 King Street, Paynesville, VIC 3880 sold on 23 September 2025 | OnTheHouse
 
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Sold on 23 Sep 2025 for $900,000

2/16 King Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 320m2
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Property Details for 2/16 King St, Paynesville

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.

Building Type
House
Land Size
320m2

Last Listing description (September 2025)

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.

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Property History for 2/16 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$900,000
23 Sep 2025
  • 20 Sep 2025
    Sold for $900,000
  • 03 Sep 2025
    Listed for Sale $929,000
  • 17 Jan 2010
    Sold for $625,000
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About 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 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Paynesville.

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Todd Leggatt
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King & Heath First National - PAYNESVILLE
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