3/7 King St, Paynesville is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1991. The property has a land size of 168m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
This waterfront apartment captures a sublime aspect over the stunning canals, located just a few moments by boat or car to Paynesville's fine eateries & bars.
This immaculately presented three storey apartment features a stylish light filled living space spilling to an expansive deck, taking full advantage of the stunning water views. Ground floor with beautiful kitchen, dining & living room, sun room (4th bedroom) & private courtyard protected from the elements.
The second storey features the master bedroom, with BIR's and ensuite and canal side balcony, bedroom 2 with BIR's & family bathroom. Bedroom 3 is located on the third storey and features a spacious rooftop deck benefiting from views over the waterways and beyond.
Completing the home is a double garage with secure internal access & a separate single boat/storage shed. With quick access to the Gippsland Lakes, this home offers an amazing lifestyle year round.
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:
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