RateMyAgentGo to search
Back 4 Government Rd
Off Market

4 Government Rd

Paynesville VIC 3880

4
2
2
543 m²
House
Last sold for $470,000
Todd LeggattTodd Leggatt, last sold this property on 20 January 2026 after 54 days on market.

Overview

WALK TO THE WATER, LIVE THE LIFESTYLE

This four-bedroom home delivers a smart, flexible layout in a location that puts the waterfront, boat ramp and lakeside walking tracks, including the popular Fort King Island trail, all within easy reach. Whether you're chasing your first home, a reliable investment or a low-stress holiday base, this property ticks the right boxes. The ground floor centres around a bright open plan kitchen, dining and living zone that works for everyday living and weekend downtime alike. It spills out to a full-length front deck the perfect spot for breakfast in the sun, afternoon reading or watching the street unwind in the evenings. Upstairs is where the home really stands apart. The main bedroom retreat includes a walk-in robe and its own lounge space, giving you a private area to relax. There's also provision for a generous upper deck if you want to further elevate the outlook and add a standout entertaining space. The backyard is designed for easy-care living, with drive-through access ideal for a boat or caravan, plus a good-sized shed with extended roof cover great for storage or an undercover BBQ setup. Investors will appreciate the strong demand for rental homes in this area, with the layout lending itself to stable long-term tenants. Holiday-home buyers will value the proximity to the water, walking tracks and true lock-up-and-leave convenience. First-home buyers get the bonus of space, multiple living zones and room to grow. With the Gippsland Lakes just around the corner, and the boat ramp offering effortless access to the entire lake system, this home delivers the lifestyle everyone comes here for boating, fishing, walking, exploring all from a comfortable, versatile base that suits a wide range of buyers.

Features

4 bedrooms
2 bathrooms
2 carspaces
1 carport space
1 garage space
543 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Paynesville over the last 12 months, the estimated median property value of 4 Government Rd is $620k.

Median value
$620k
Estimated value range
$370k - $2.72m
Median days on market
96
Estimated value trend
11%
increase 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 4 Government Rd

2026
Sold
$470,000
20 Jan 2026 by Todd Leggatt, of King & Heath First National Paynesville
2018
Sold
Undisclosed
13 Dec 2018 by Scott Holland, 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 4 bedroom houses in Paynesville

In the last 12 months, 35 four-bedroom houses similar to 4 Government Rd, have been sold.

This represents a 9% increase in four-bedroom houses 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

placeholder
Wendy Beadle

Wendy Beadle is an award winning recommended agent for Paynesville.  They have 16 local sales and collected 15 local reviews across the last 12 months.

  •   4.8   (26 reviews)
  •  15 Reviews in Paynesville
  •  16 Sales in Paynesville
View profile
placeholder
Scott Perry

Sellers who recommend Scott Perry have praised them for being clear communication, local expert, responsive, supportive, reliable, honest and dedicated

  •   4.9   (266 reviews)
  •  2 Reviews in Paynesville
View profile
placeholder
Lorraine Edlington

Lorraine Edlington is a recommended agent for Paynesville.  They have 52 local sales across the last 12 months.

  •  52 Sales in Paynesville
View profile
placeholder
Todd Leggatt

Todd Leggatt is a recommended agent for Paynesville.  They have 40 local sales across the last 12 months.

  •  40 Sales in Paynesville
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap