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21 19 Mitchell Street, Paynesville VIC 3880

21 19 Mitchell Street, Paynesville VIC 3880

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For sale

$650,000

21 19 Mitchell Street, Paynesville, VIC 3880

3

2

109m²

118m²

•

unit - unit

Map of 21 19 Mitchell Street, Paynesville VIC 3880, Paynesville, Victoria

Property Description

Listed on 13 Oct 2026

Set right on the water, 21 Captains Cove is an established holiday property offering a great combination of income potential and personal enjoyment. The home has been well looked after and recently refreshed, with a comfortable, relaxed feel throughout. The kitchen sits alongside the open-plan living and dining area, with plenty of natural light and direct access to the waterfront deck. The three bedrooms are set up for flexible accommodation, with one king bed and four single beds, making the property well suited to families, couples or groups. Two bathrooms, one upstairs and one downstairs, add convenience and accessibility for guests sharing the property. Three reverse-cycle air conditioners, along with ceiling fans in each bedroom, provide year-round comfort. Step outside and the waterfront really comes into its own. The deck overlooks the canal and is an ideal spot to sit back and enjoy the outlook. With your own private jetty and direct water access, there is plenty of opportunity for boating, fishing and kayaking. An additional pole near the jetty provides four-point mooring when required for larger boats. Paynesville is just a short walk away, with cafés, restaurants, shops and local facilities all within easy reach. Guests can also enjoy the shared swimming pool within the complex, adding another great option for relaxing and making the most of their stay. From here, the Gippsland Lakes are yours to explore, whether you're heading out on the water or simply enjoying the relaxed lakeside lifestyle. Being sold fully furnished on a walk-in, walk-out basis, the property is ready to continue as a holiday rental from day one. With an established rental history, the option to use the property personally for up to 21 days per year, and the added benefit of direct waterfront access, 21 Captains Cove is a property that offers both lifestyle and income.

Estimated value

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Property history

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Listed for sale
Oct 2026

$650,000

Sold
Oct 2016

$315,000

Sold
Jun 2000

$218,000

Median unit price trends

Comparing the price trend of units in Paynesville against the state of Victoria over the last 4 years. Source: Cotality

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

63 Days

House median days on market

58 Days

Unit median days on market

148 Properties

Sold in last 12 months

73 Properties

Available in the last month

Paynesville residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Outright Owners

Most common occupant type

Couples

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Paynesville Primary School

K - Yr 6

Government

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Paynesville

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East Gippsland

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Victoria

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Median House: $480,697

Median Unit: $557,371

Median House: $643,119

Median Unit: $390,707

Median House: $694,748

Median Unit: $449,537

Median House: $589,437

Median Unit: $511,963

Frequently asked questions

21 19 Mitchell Street is a Unit built in 2000 in Paynesville, Victoria. Review photos and floor plans for more detail on the construction and condition of the property.

The property at 21 19 Mitchell Street includes 3 bedrooms, 2 bathrooms and no assigned parking spaces.

21 19 Mitchell Street in Paynesville has a land size of approximately 109 square metres and an internal floor area of around 118 square metres.

21 19 Mitchell Street in Paynesville, Victoria includes a range of local schools, shops, public transport options and community facilities that support day to day living.

As of 10/1/2026, the property at 21 19 Mitchell Street is not available in our data at this time.

Contact the agent

King & Heath First National Paynesville

Andrew Bentley

King & Heath First National Paynesville

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