OFF MARKET

16/1 Mairburn Road
Metung VIC 3904

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 171m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 16/1 Mairburn Rd, Metung

16/1 Mairburn Rd, Metung is a 3 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 171m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2005
Land Size
171m2
Local Government
East Gippsland
Lot/Plan
16/PS528623

Last Listing description (September 2022)

Metung Holiday Villas presents, Unit 16, a three-bedroom villa that allows you to enjoy all the benefits of resort-style holidays. Under a Management Agreement, on-site management will look after all aspects of bookings, cleaning and maintenance. Giving you peace of mind that your property is well maintained with the benefit of a potential income.

This three-bedroom cabin combines both investment and an inexpensive holiday into one.

Kitchen/lounge/dining area leading to a large balcony.

Main Bedroom with ensuite.
Second and third bedrooms all with BIR's and central bathroom with separate toilet.
Use of resort facilities, including a heated swimming pool and children's play area.
Substantial depreciation allowance.
Strata Title with Management Rights Contract and strong gross yield.

The Metung Holiday Villa grounds include a heated swimming pool, BBQ and picnic areas with a children's playground. Set in the heart of Metung, you can enjoy all this region has to offer boating, fishing, swimming and water-sports, with the waterfront hotel, caf's and boardwalks a short stroll away.

This type of property in this desirable location will not last long!

Call Daniel on 0417 824 769 for a private viewing.
________________________________________________________________________

Due Diligence Checklist
What you need to know before buying a residential property.
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Property History for 16/1 Mairburn Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$240,000
02 Sep 2022
  • 02 Sep 2022
    Sold for $240,000
  • 12 Feb 2021
    Sold for $70,000
  • 30 Nov 2015
    Listed for Sale $114,250
Sign in to see more transactions

Commute Calculator

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 2,179 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 130 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

Market Insights
Metung Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Metung Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.