FOR SALE
$305,000

Lot 3, 7 Kingscote Drive
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 613m2
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A FRESH START AWAITS

Create your ideal home on this generous 613sqm block, positioned at the rear of this new subdivision in Kingscote Drive. Its manageable size and flat terrain make it perfect for a low-maintenance lifestyle, whether you're downsizing, planning a holiday home, or starting fresh.
Located just moments from Metung Primary School, you'll also enjoy easy access to Metung Village's shops, cafés, and the beautiful Bancroft Bay Boardwalk and Lake King waterfront.
Talk to us today about this great opportunity, we have a suitable house design and plan on file that just may suit you!
Take advantage of the serene surroundings, friendly community, and enjoy all that Metung and the Gippsland Lakes region has to offer.
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Property Details for Lot 3, 7 Kingscote Dr, Metung, VIC 3904

Building Type
Land
Land Size
613m2

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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.

Suburb Insights for Metung 3904

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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.