2 Kings Road, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

2 Kings Road
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 134m2
Land area: 685m2
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Property Details for 2 Kings Rd, Paynesville

2 Kings Rd, Paynesville is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 685m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1985
Floor Size
134m2
Land Size
685m2
Local Government
East Gippsland
Lot/Plan
148/LP55819

Last Listing description (November 2024)

Located in a very quiet part of Paynesville, Kings Cottage is just 1 street back from the canal and very close to the boat ramp. This property has been let out as an Airbnb over a long period of time and has established return clientele, so you could easily continue on with holiday letting it if that suits your needs, or you could just move in to it as your home.

With 4 bedrooms, covered outdoor area, 2 x garden sheds, manageable yard, carport, and room to park a boat or caravan in the front yard, it is no wonder it is so popular.

Inside the home, there are all the luxuries you would expect in today's modern living homes. Three of the bedrooms have built-in robes, there is a nice bathroom with a bath and large shower, and a lovely kitchen with a gas cooktop, electric oven, dishwasher, pantry, and timber look benchtops.

Additionally, this home offers instant gas hot water, a gas log fire, ceiling fans in most rooms, and a reverse cycle air conditioner in the dining area.

Inspections will be available by appointment only by contacting Bret Ward on 0427562644.

Property History for 2 Kings Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$475,000
01 Aug 2024
Listed for Rent
$230/w
30 Aug 2011
  • 01 Aug 2024
    Sold for $475,000
  • 06 May 2024
    Listed for Sale UNDER CONTRACT
  • 07 Jan 2015
    Listed for Sale Not Disclosed
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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 3,328 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:

  • The median value for Houses in Paynesville is $589,506 while the median value for Units is $396,453.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 86 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 179 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.