2/29 King Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

2/29 King Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 230m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Jul 2026
Low

High
Save

Property Details for 2/29 King St, Paynesville

2/29 King St, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 230m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
Unit
Year Built
1970
Floor Size
85m2
Land Size
230m2
Local Government
East Gippsland
Lot/Plan
2/RP8372

Last Listing description (March 2013)

LOCATION PERFECT
Tucked to the back of the 4 unit site. Walking distance to the shops, restaurants & the waterfront of Lake Victoria complete with beach, BBQ & play areas. The unit comprises of: open plan living, kitchen, meals & lounge with R/C airconditioner. Two bedrooms with built-in robes. Bathroom with shower, bath & separate toilet. Single garage that has been extended making a perfect work shop area with access to yard. South & North East facing courtyards perfect for all weather conditions.

Property History for 2/29 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$187,300
01 Apr 2013
  • 01 Apr 2013
    Sold for $187,300
  • 15 Mar 2013
    Listed for Sale $210,000
  • 04 Dec 1997
    Sold for $71,950
Sign in to see more transactions
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 3,325 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 81 properties listed for sale, and 10 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 191 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.