FOR SALE
$129,000

45A Storth Ryes Avenue
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 400m2
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THE PRICE IS RIGHT

Take advantage of this fantastic opportunity to secure land close to Metung Hot Springs at the right price! Lot 4 is a small block of 400sqm - titled and ready to build on! With a common property driveway off both Thompson Terrace and Bearham Chase, here is your opportunity to build an easy to manage townhouse, holiday house, airbnb property or investment property! Close to Metung Country Club Golf Course, with walking paths to the Beaches Marina and Lake King foreshore to stroll into Metung Village. Don't delay! Lot 3 has already SOLD!
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Property Details for 45a Storth Ryes Ave, Metung

Building Type
Land
Land Size
400m2

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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 129 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Metung.

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Richard O'Byrne
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King & Heath First National - METUNG
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