21/2-8 Victoria Street, Paynesville, VIC 3880 sold on 09 April 2026 | OnTheHouse
SOLD
Sold on 09 Apr 2026 for $360,000

21/2-8 Victoria Street
Paynesville VIC 3880

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 4100m2
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Property Details for 21/2-8 Victoria St, Paynesville

21/2-8 Victoria St, Paynesville is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 4100m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
1995
Floor Size
84m2
Land Size
4100m2
Local Government
East Gippsland
Lot/Plan
21/PS328993

Last Listing description (June 2026)

Set within the tightly held Mariners Cove complex, this fully furnished apartment presents a proven holiday investment right in the heart of Paynesville. With the town centre, foreshore, cafs and eateries all just moments away, along with the nearby ferry providing easy access to Raymond Island, it is easy to see why Mariners Cove continues to attract strong year-round demand.The property forms part of a professionally managed complex overseen by an experienced local team, delivering consistent occupancy and reliable returns. Guests are drawn to the relaxed waterfront setting overlooking McMillan Strait, where communal jetties are available for use during their stay and the outdoor area provides a peaceful space to unwind and enjoy the outlook.The ground level is designed for effortless holiday living, offering open plan living, dining and kitchen spaces complemented by a communal bathroom. Upstairs, accommodation includes two well sized bedrooms. One features a queen bed and single bed with built in robes, while the main bedroom is appointed with a queen bed, built in robes and access to a private elevated balcony to enjoy the water views.A dedicated car space sits conveniently at the front door while recently refreshed gardens and landscaping enhance the presentation and appeal of the complex on arrival.Offered fully furnished and ready to continue within the successful holiday rental pool, the property also allows private owner use throughout the year.For further details, contact the team at King & Heath Paynesville on 03 5156 6766.

Property History for 21/2-8 Victoria St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$360,000
09 Apr 2026
  • 09 Apr 2026
    Sold for $360,000
  • 09 Jan 2026
    Listed for Sale $399,000
  • 04 Apr 2023
    Sold for $335,000
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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 3,379 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:

  • The median value for Houses in Paynesville is $595,888 while the median value for Units is $387,576.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 76 properties listed for sale, and 15 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Paynesville.

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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.