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Back 21/2 Victoria Street
Off Market

21/2 Victoria Street

Paynesville VIC 3880

2
1
1
84 m²
Unit
Last sold for $360,000
Todd LeggattTodd Leggatt, last sold this property on 27 May 2026 after 138 days on market.

Overview

WATERFRONT INVESTMENT IN THE HEART OF PAYNESVILLE

Set within the tightly held Mariners Cove complex, this fully furnished apartment presents a proven holiday investment right in the heart of Paynesville. With the town centre, foreshore, cafés and eateries all just moments away, along with the nearby ferry providing easy access to Raymond Island, it is easy to see why Mariners Cove continues to attract strong year-round demand. The property forms part of a professionally managed complex overseen by an experienced local team, delivering consistent occupancy and reliable returns. Guests are drawn to the relaxed waterfront setting overlooking McMillan Strait, where communal jetties are available for use during their stay and the outdoor area provides a peaceful space to unwind and enjoy the outlook. The ground level is designed for effortless holiday living, offering open plan living, dining and kitchen spaces complemented by a communal bathroom. Upstairs, accommodation includes two well sized bedrooms. One features a queen bed and single bed with built in robes, while the main bedroom is appointed with a queen bed, built in robes and access to a private elevated balcony to enjoy the water views. A dedicated car space sits conveniently at the front door while recently refreshed gardens and landscaping enhance the presentation and appeal of the complex on arrival. Offered fully furnished and ready to continue within the successful holiday rental pool, the property also allows private owner use throughout the year. For further details, contact the team at King & Heath Paynesville on 03 5156 6766.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
84 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Paynesville over the last 12 months, the estimated median property value of 21/2 Victoria Street is $339k.

Median value
$339k
Estimated value range
$262k - $520k
Median days on market
109
Estimated value trend
-14%
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 21/2 Victoria Street

2026
Sold
$360,000
27 May 2026 by Todd Leggatt, of King & Heath First National Paynesville
2023
Sold
Undisclosed
Private Sale/Treaty on 04 Apr 2023 by Lorraine Edlington, of LJ Hooker Paynesville

Happy sellers in Paynesville

~%

We have insufficient information to provide an overview of customer satisfaction for Paynesville. Viewing the agent profiles, reviews and sales for Paynesville can provide insights for this location.

Local market activity for 2 bedroom units in Paynesville

In the last 12 months, 14 two-bedroom units similar to 21/2 Victoria Street, have been sold.

This represents a 8% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Paynesville

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Wendy Beadle

Wendy Beadle is an award winning recommended agent for Paynesville.  They have 13 local sales and collected 4 local reviews across the last 12 months.

  •   4.8   (26 reviews)
  •  4 Reviews in Paynesville
  •  13 Sales in Paynesville
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Lorraine Edlington

Lorraine Edlington is a recommended agent for Paynesville.  They have 51 local sales across the last 12 months.

  •  51 Sales in Paynesville
View profile
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Todd Leggatt

Todd Leggatt is a recommended agent for Paynesville.  They have 42 local sales across the last 12 months.

  •  42 Sales in Paynesville
View profile
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Deborah Pearson

Deborah Pearson is a recommended agent for Paynesville.  They have 24 local sales across the last 12 months.

  •   5   (5 reviews)
  •  24 Sales in Paynesville
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