Back 22/2 Victoria Street
Off Market

22/2 Victoria Street

Paynesville VIC 3880

2
1
1
Unit
Last sold for $385,000
Todd LeggattTodd Leggatt, last sold this property on 08 December 2025 after 20 days on market.

Overview

THE PERFECT LAKESIDE INVESTMENT

Positioned within the ever-popular Mariners Cove complex, this fully furnished townhouse offers a reliable holiday investment in the heart of Paynesville. With easy access to the town centre, the foreshore, cafés and local eateries, it's no surprise Mariners Cove continues to be a sought-after destination year-round. Professionally managed by an experienced local team, the complex delivers strong occupancy and consistent returns, making this an ideal set-and-forget asset. Guests enjoy a relaxed stay overlooking McMillan Strait, with a welcoming outdoor area that captures the peaceful waterfront atmosphere. The ground level features open-plan living, dining and kitchen zones along with a communal bathroom, all designed for easy holiday living. Upstairs, the apartment features two bedrooms. One includes two double beds with built-in robes, while the main bedroom offers a queen bed, built-in robes and a private balcony with views across McMillan Strait. A dedicated carpark is located right at the doorstep, and the recently refreshed outdoor gardens and landscaping ensure the property presents beautifully from the moment guests arrive. Fully furnished and ready to continue in the successful holiday rental pool, the property also includes private owner use for up to four weeks per year (excluding peak periods). Contact the team at King & Heath Paynesville on 03 5156 6766 to learn more.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
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 22/2 Victoria Street is $340k.

Median value
$340k
Estimated value range
$262k - $520k
Median days on market
105
Estimated value trend
-19%
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 22/2 Victoria Street

2025
Sold
$385,000
Private Sale/Treaty on 08 Dec 2025 by Todd Leggatt, of King & Heath First National Paynesville

Happy sellers in Paynesville

70%
70% 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 10 reviews in Paynesville over the last 12 months.

Local market activity for 2 bedroom units in Paynesville

In the last 12 months, 12 two-bedroom units similar to 22/2 Victoria Street, have been sold.

This represents a 19% increase in two-bedroom units sales when compared to the previous 12 months.

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