FOR SALE
$110,000

15/1 Mairburn Road
Metung VIC 3904

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 67m2
Land area: 144m2
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Holiday Villa in the Gippsland Lakes

Welcome to Villa 15, a perfect lifestyle package with a purchase of land, villa, and fully furnished interior. A beautifully appointed two-bedroom villa that allows you to enjoy all the benefits of resort-style holidays. This villa is designated for holiday rentals only and cannot be used as a permanent residence.
Set in the heart of Metung, you can enjoy all this region has to offer, including boating, fishing, swimming and water sports, with the waterfront hotel, café and boardwalks a short stroll away.
This two-bedroom cabin combines both investment and an inexpensive holiday into one.
• Kitchen/lounge/dining area leading to a large balcony
• Main Bedroom with BIR's
• Second bedroom with BIR's
• Central bathroom with separate toilet
• Split systems and ceiling fans throughout
• Use of resort facilities, including a heated swimming pool and children's play area
• Substantial depreciation allowance
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Property Details for 15/1 Mairburn Rd, Metung

15/1 Mairburn Rd, Metung is a 2 bedroom, 1 bathroom Unit. The property has a land size of 144m2 and floor size of 67m2. The place is currently for sale with REMAX Genesis.

Building Type
Unit
Floor Size
67m2
Land Size
144m2

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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of total area. The population of Metung in 2011 was 1,221 people. By 2016 the population was 1,449 showing a population growth of 18.7% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a professional occupation. In 2011, 77.8% of the homes in Metung were owner-occupied compared with 79.4% in 2016.

Metung has 2,180 properties. Over the last 5 years, Houses in Metung have seen a 63.73% increase in median value, while Units have seen a 52.02% increase. As at 30 November 2024:

  • The median value for Houses in Metung is $690,599 while the median value for Units is $388,549.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 130 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Metung.

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Daniel Schoeman
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Ildiko Varga
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REMAX Genesis
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