OFF MARKET

1/51 Metung Road
Metung VIC 3904

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1/51 Metung Rd, Metung

1/51 Metung Rd, Metung is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2011.

Building Type
Unit
Local Government
East Gippsland
Lot/Plan
3/PS430215

Last Listing description (May 2016)

METUNG VILLAGE OPPORTUNITY
An exciting opportunity now exists to purchase this income producing property situated in the heart of Metung Village. Enjoy spectacular views from the sunny courtyard to Lake King with parking available on all sides of the premises. Rare and sought after water front location with two sided entry, from the street and from the beach side.
Currently tenanted, returning an excellent income; for all details ring Ian Lockwood on 0409 028 275 7days a week.

Property History for 1/51 Metung Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$143,000
08 Jul 2011
  • 13 Apr 2015
    Listed for Sale $375,000
  • 08 Jul 2011
    Sold for $143,000
  • 26 Nov 2010
    Listed for Sale 250000
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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 2,171 properties. Over the last 5 years, Houses in Metung have seen a 54.46% increase in median value, while Units have seen a 57.13% increase. As at 30 September 2024:

  • The median value for Houses in Metung is $665,566 while the median value for Units is $422,838.
  • Houses have a median rent of $460 while Units have a median rent of $290.
There are currently 109 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 62 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.