FOR SALE
$129,000

47A Storth Ryes Avenue
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 389m2
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SECURE YOUR SLICE OF METUNG

Secure your slice of Metung living with Lot 2, a titled 389sqm block perfectly positioned near Metung Hot Springs. With its manageable size and shared driveway access from both Thompson Terrace and Bearham Chase, this property offers the ideal foundation for your dream townhouse, holiday home, Airbnb, or investment property.
Spend your days playing a round of golf at the nearby Metung Country Club, soaking in the rejuvenating geothermal waters of Metung Hot Springs, or setting out on a boating adventure on the breathtaking Gippsland Lakes. Walking paths lead you to the Beaches Marina, Lake King foreshore, and Metung Village, where you'll find boutique shops, cafes, and the waterfront hotel.
Lot 3 has already sold, so be quick! Don't miss this opportunity to embrace the best of Metung!
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Property Details for 47a Storth Ryes Ave, Metung

Building Type
Land
Land Size
389m2

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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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.