FOR SALE
$295,000

Lot 80 The Wedge
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.1297ha
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Only a short stroll to the Metung Hot Springs

This large, flat 1297 m2 allotment is positioned in one of Metung's newest estates 'The Wedge' and has easy access to the Metung Country Club, which hosts one of the best 9-hole golf courses in Australia and the clubhouse, which is open for breakfast, lunch & dinner.
A short stroll will get you to the new Metung Hot Springs where you can immerse yourself in the relaxing geothermal waters or have a massage overlooking the beautiful Gippsland Lakes.
There is so much to love about this vacant allotment secure it now and start designing your dream home. Features Kings Cove Boulevard frontage, and a reserve on one side and the rear. There are walking tracks leading into the Metung Village along Beach Road and the exciting new developments planned for the Metung Country club & Hot Springs.
Development works taking place now and titles expected in late 2023. Please note that there are no golf club fees applicable.
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Property Details for Lot 80 The Wedge, Metung

Building Type
Land
Land Size
0.1297ha

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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 2,175 properties. Over the last 5 years, Houses in Metung have seen a 66.98% increase in median value, while Units have seen a 57.03% increase. As at 31 July 2024:

  • The median value for Houses in Metung is $714,048 while the median value for Units is $396,540.
  • Houses have a median rent of $483 while Units have a median rent of $290.
There are currently 106 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Metung.

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Lynette Coulson
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LJ Hooker 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.