Lot 119 The Wedge

Metung VIC 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.