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7/85 Fort King Road, Paynesville$520,000
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7/85 Fort King Road

Paynesville, VIC 3880, Australia
$520,000
2 bed 1 bath 2 car172 m²

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About this property

Low-maintenance living by the water - perfectly suited to those seeking a relaxed, low-maintenance lifestyle, this well-positioned home sits just a short stroll from the waterfront reserve with beautiful outlooks across McMillan Strait and Lake King. The foyer flows through to open-plan kitchen, dining and living areas. Water views are enjoyed from the kitchen and north-facing sitting nook in the living zone. Two bedrooms both with BIR's, central bathroom and laundry with separate toilet. Sliding door access connects the home to the double garage with automatic door while also open to the alfresco area for easy outdoor enjoyment. Comfort and efficiency are assured with reverse-cycle air conditioning and 12 solar panels, making this an ideal option for downsizers, retirees or those chasing a carefree lifestyle close to the water.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
172 m²
Listed
3 months ago

Repayment calculator

$2,521/month
$1,260 /fortnight
Loan $416,000 at 6.10% over 30 years

Upfront costs

Deposit$104,000
Stamp duty$26,270
Conveyancing (est.)$2,000
Total upfront$132,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Paynesville

This 2-bedroom apartment in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $645,000 median of 74 comparable apartmentswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)1.3 km away
  • Ride The Koalas1.6 km away
  • Gilsenan Reserve1.4 km away
  • Unnamed1.4 km away

Paynesville at a glance

Full suburb profile
Population
3,636
Median age
62
Household income
$987/wk
Median rent
$310/wk
Median mortgage
$1,225/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Paynesville price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$360kcurrent median

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