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

2 King Street
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 639m2
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Property Details for 2 King St, Paynesville

Building Type
Land
Land Size
639m2
Local Government
East Gippsland
Lot/Plan
3/PS835793

Last Listing description (November 2024)

Situated at the junction of Slip Road & King Street, this exceptional 641sqm vacant plot offers an ideal setting for those seeking the allure of morning sun and swift access to the stunning Gippsland Lakes via the nearby boat ramp. Boasting comprehensive services, including NBN connectivity, and its proximity to Paynesville's shopping hub, this allotment stands out as a prime prospect. Moreover, the development of the new maritime precinct across the road further enhances this promising opportunity. Titles are readily available to build your dream home.

Property History for 2 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
  • 01 May 2024
    Listed for Sale $415,000
  • 21 Nov 2023
    Listed for Sale $415,000
  • 28 Oct 2021
    Listed for Sale $515,000
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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 3,324 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 80 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 187 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.