Back 111 King Street
Off Market

111 King Street

Paynesville VIC 3880

3
2
2
469 m²
House
Last sold for $520,000
Shaun CarrShaun Carr, last sold this property on 02 March 2026 after 39 days on market.

Overview

Fresh, Bright & Ready to Impress

Step into modern coastal living at its finest. This beautifully presented 2021 EVCG build combines contemporary elegance with effortless comfort, offering a home that is both stylish and highly functional. The main suite is a true sanctuary, complete with an oversized walk-in robe and a luxurious ensuite. Two additional bedrooms with built-in robes provide ample accommodation for family or guests, serviced by a beautifully finished central bathroom. A versatile study nook adds valuable flexibility for work, study, or creative pursuits. The heart of the home is the light-filled open-plan living zone, flowing seamlessly to a sun-drenched alfresco area-perfect for entertaining or relaxing in the peaceful coastal surrounds. The sleek kitchen will delight home cooks with its premium appliances, walk-in pantry, and thoughtful design. Positioned to capture north-facing natural light, this home is enhanced by quality fixtures and fittings throughout, plus year-round comfort provided by two split-system units. Located opposite lush parklands and within an easy stroll to Freeman Recreation Reserve and Sunset Cove Beach, it offers the ideal blend of convenience and tranquillity. Currently leased at $530 per week until 2 April 2026, this property represents an excellent opportunity for investors seeking strong rental returns and long-term security. *Virtual furniture for illustrative purposes only. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
469 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Paynesville over the last 12 months, the estimated median property value of 111 King Street is $527.5k.

Median value
$527.5k
Estimated value range
$305k - $1.63m
Median days on market
67
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Paynesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 111 King Street

2026
Sold
$520,000
02 Mar 2026 by Shaun Carr, of OBrien Real Estate Bairnsdale
2025
Rented
Undisclosed
Leased on 12 Mar 2025 by OBrien Real Estate Bairnsdale

Happy sellers in Paynesville

69%
69% of sellers in Paynesville reported that their sale price either exceeded or met their price expectations.

Paynesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Paynesville over the last 12 months.

Local market activity for 3 bedroom houses in Paynesville

In the last 12 months, 78 three-bedroom houses similar to 111 King Street, have been sold.

This represents a 66% decrease in three-bedroom houses sales when compared to the previous 12 months.

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