24/19 Mitchell StreetPaynesville VIC 3880
Property Details for 24/19 Mitchell St, Paynesville
24/19 Mitchell St, Paynesville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 146m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom Unit sold in Paynesville in the last 12 months.
Last Listing description (July 2025)
Situated in the heart of the Gippsland Lakes, 24 Captains Cove offers an outstanding opportunity to secure a premium waterfront holiday investment in Paynesville. This fully furnished, three-bedroom property has been recently upgraded, featuring fresh paint, new carpets, retiling, and stylish new furniture, including brand-new beds and a modern TV. Thoughtfully refreshed to enhance comfort and appeal, this holiday retreat is ready for guests to enjoy.
With direct water access and a private jetty, this stylish residence is a prime destination for holidaymakers, boating enthusiasts, and weekend getaways. The open-plan living and dining areas seamlessly flow onto a spacious deck, where guests can soak in breathtaking canal views and embrace the serene lakeside atmosphere.
A proven performer in the holiday rental market, this property boasts strong occupancy rates and consistent rental income, making it a standout investment. Located just a short stroll from Paynesville's vibrant cafes, boutique shops, and local attractions, it offers the perfect balance of convenience and coastal charm.
As demand for waterfront holiday accommodation in East Gippsland continues to rise, this is a rare opportunity to secure a high-performing, hassle-free investment in one of Victoria's most sought-after locations.
Contact the team at King & Heath Paynesville today to arrange an inspection and secure this exceptional waterfront property.
Property History for 24/19 Mitchell St, Paynesville, VIC 3880
- 23 Jul 2025Sold for $650,000
- 09 Jul 2025Listed for Sale $670,000
- 03 Apr 2025Listed for Sale $670,000
Recent sales nearby
See more recent sales nearby/assets/perm/oowt4k74oqi6tmxaiggdrm5mya?signature=349c40607809dc270b661a6fb6087c362fd3f4dbbc9b9376a5fe360f617e9572){kind=logo}
0
/assets/perm/k5tfougw3ui6nnyorghcsywep4?signature=0b382b56127632875c7156b16684893b1e8ddd357b9241148f7398b17cfde4af){kind=logo}
0/assets/perm/o4cztvn53ai6nfeff7jiissa7u?signature=26830e334ad8b6a887627534e8ebd7a3d0cb9e81596828720b56ae24e88c8888){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 3,338 properties. Over the last 5 years, Houses in Paynesville have seen a 29.67% increase in median value, while Units have seen a 45.94% increase. As at 30 November 2025:
- The median value for Houses in Paynesville is $581,266 while the median value for Units is $381,129.
- Houses have a median rent of $500 while Units have a median rent of $383.
Suburb Insights for Paynesville 3880
Market Insights
Paynesville Trends for Houses
N/A
N/A
View TrendN/A
N/A
Paynesville Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
