FOR SALE
$749,000

16 Grevillia Avenue
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.1769ha
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One of the most beautiful blocks, in one of Victorias most beautiful seaside to

It's not very often that a block like this comes along with so many X-factors, making it one the best blocks in this prestigious resort town.
At a glance:
*A huge 1755m2 with a 45m street frontage and only public reserve separating the block and Lake King, making this a semi-waterfront.
*Elevated views to the northwest, west and southwest with west and southwest expansive views over Lake King and northwest over Bluff Lagoon and the Bluff valley.
*The second last block on the southwest side of the court, with the last block (a smaller block) situated in a way that would not block views when it is eventually built on.
*Several ancient Manna Gums are a priceless feature on the block, with a large footprint between them giving an opportunity to build something special in between.
*The block backs on to and looks over public reserve, so views over the lake and Bluff Lagoon and valley can never be built out.
*50 metres to Bluff Lagoon. 100 metres to the lakeshore and pebble beach.
*1 minute walk to the pebble beach at Lake King / Bluff Lagoon from the back of the block. (See video)
*A beautiful and very scenic 5-10 Minute walk to the New Metung Hot Springs along the former Foreshore Rd escarpment (see video)
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Property Details for 16 Grevillia Ave, Metung

Building Type
Land
Land Size
0.1769ha

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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 2,179 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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