5/21 King Street, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

5/21 King Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 445m2
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Property Details for 5/21 King St, Paynesville

5/21 King St, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 445m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in July 2008.

Building Type
Unit
Year Built
1985
Floor Size
85m2
Land Size
445m2
Local Government
East Gippsland
Lot/Plan
5/PS330984

Last Listing description (March 2023)

AN APPLICATION COMPLETED IN FULL MUST BE SUBMITTED PRIOR TO BOOKING A PRIVATE INSPECTION.

Online applications must be completed at paynesville.ljhooker.com.au/renting/Rental-Application

This neat two bedroom unit with study, split system heating and cooling, gas cooking, dishwasher, private courtyard with low maintenance gardens, single car garage, close to the water and shops.

Property History for 5/21 King St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$350,000
26 Jul 2008
Listed for Rent
$350/w
31 Jan 2023
  • 31 Jan 2023
    Listed for Rent $350 / week
  • 17 Mar 2012
    Listed for Rent - Price not available
  • 26 Jul 2008
    Sold for $350,000
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About 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 3,337 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:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 101 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 170 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.