SOLD
Sold on 28 May 2024 for $555,000

16 Gilsenans Drive
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 21900m2
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Property Details for 16 Gilsenans Dr, Metung

Building Type
Land
Land Size
21900m2
Local Government
East Gippsland
Lot/Plan
2/PS340024

Last Listing description (June 2024)

What vines to plant on the slope or what bottle to open & enjoy when you buy this gorgeous parcel of land! That is the decision you need to make!

This lovely block of 5.44 acres has everything! Gorgeous rural views sloping down to the reserve with walking access to Chinamans Creek, plenty of space to build your new house allowing privacy, and an easy 4-minute commute into Metung Village and its iconic Hotel, Village Store, cafes and shops.

Build on the flat or use the slope to advantage, this is one of the last true acreage blocks this close to the Village and has been tightly held by one family for many years!

Located on a quiet no-through road with town water, sewer and power available.

Property History for 16 Gilsenans Dr, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$555,000
28 May 2024
  • 28 May 2024
    Sold for $555,000
  • 29 Apr 2024
    Listed for Sale $425,000
  • 14 Feb 2002
    Sold for $65,000
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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 2,174 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 105 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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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.