4 Waverley Ct, Paynesville is a 6 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 680m2 and floor size of 222m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Welcome home to Waverley Court. With views across Lake King and a 300m walk to the boat ramp, this unique property presents many options with two 3 bedroom units offering an opportunity for a strong rental return or a low maintenance home in a quiet court on Fort King Island.
Unit 1 (upstairs) comprises 3 bedrooms with built-in robes, retro kitchen and bathroom and a bright living area, with split system heating/cooling, opening out to a balcony with views of the Lakes. Features a lock-up garage and large carport (10m x 6m) with 3m high roller door perfect for boats, caravans or cars.
Unit 2 (downstairs) has been refurbished including modern open plan kitchen and dining, spacious lounge, renovated bathroom, 3 bedrooms with built-in robes, laundry with second toilet, private yard and double carport.
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 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:
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