OFF MARKET

1/2-18 Nicholas Avenue
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 81m2
Land area: 313m2
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Property Details for 1/2-18 Nicholas Ave, Metung

1/2-18 Nicholas Ave, Metung is a 0 bedroom, 0 bathroom Unit and was built in 2000. The property has a land size of 313m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
2000
Floor Size
81m2
Land Size
313m2
Local Government
East Gippsland
Lot/Plan
1/PS300796

Last Listing description (December 2017)

Over 2 levels this outstanding 2 bedroom unit offers water glimpses of Chinamans Creek and Bancroft Bay.
Situated opposite the boardwalk into Metung and is only minutes from the hotel and yacht club.
This complex offers a pool and spa and well kept garden surrounds. Ideal investment in arguably Victorias best getaway destination,

Property History for 1/2-18 Nicholas Ave, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$180,000
23 Nov 2017
  • 23 Nov 2017
    Sold for $180,000
  • 25 Sep 2015
    Listed for Sale $270,000
  • 31 Aug 2011
    Sold for $272,500
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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.

Suburb Insights for Metung 3904

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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.