FOR SALE
$129,000

45B Storth Ryes Avenue
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 394m2
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EXCEPTIONAL VALUE BLOCK NEAR THE HOT SPRINGS

Excellent buying here! This land is exceptional value. Being located a stone's throw from the Metung Hot Springs, here is the opportunity to build an easy to manage permanent or holiday home/townhouse on this compact 349m2 block.
Wander over to the Metung Hot Springs for a rejuvenating soak or massage, or hit up Metung Country Club Golf Course for 6 or 12 holes with a refreshment at the Clubhouse afterwards.
From this land location there is easy access to walk down to Beach Road for a swim in Lake King or into the Village for a morning coffee.
Snap up this land today and get building!
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Property Details for 45b Storth Ryes Ave, Metung

Building Type
Land
Land Size
394m2

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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 131 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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Richard O'Byrne
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King & Heath First National - METUNG
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