OFF MARKET

18/44-48 Metung Road
Metung VIC 3904

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
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Property Details for 18/44-48 Metung Rd, Metung

18/44-48 Metung Rd, Metung is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1993. The property has a floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
1993
Floor Size
98m2
Local Government
East Gippsland
Lot/Plan
10/PS322371

Last Listing description (September 2017)

Here is a grand opportunity to invest into a spacious waterfront apartment on Bancroft Bay in the heart of the Metung Village. This fully self-contained 2 bedroom unit with a queen and twin and/or king beds, has two bathrooms (ensuite to master bedroom) and is a destination dream, with the living area opening to the patio, boardwalk and the marina.
Stroll into the village for the social ambience of joining friends at one of the many cafe's or the Local Hotel for a meal, or cast off the jetty in your boat to explore the Gippsland lakes. Not only is this a great holiday pad but also a good little income earner as well being managed by 'The Moorings'.
Call Michael Enever, 0458272797.

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Property History for 18/44-48 Metung Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$415,000
11 Jul 2017
  • 11 Jul 2017
    Sold for $415,000
  • 27 Mar 2017
    Listed for Sale $449,000

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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 2,175 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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