OFF MARKET

2/2-18 Nicholas Avenue
Metung VIC 3904

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 317m2
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Property Details for 2/2-18 Nicholas Ave, Metung

2/2-18 Nicholas Ave, Metung is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 317m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 1998.

Building Type
Unit
Year Built
1991
Floor Size
123m2
Land Size
317m2
Local Government
East Gippsland
Lot/Plan
2/PS300796

Last Listing description (November 2017)

Don?t miss this wonderful investment/lifestyle opportunity! Grevillia
This beautifully presented and maintained 2 bedroom townhouse in the Edgewater Terrace complex is the perfect opportunity to enjoy beautiful Metung, whilst a caretaker looks after the grounds and the added bonus of making an income too!.
'Grevillea' is a luxury terrace comprising an open living area downstairs; with dining and a lounge area with a wood-fired heater and a split system air conditioner. The lounge opens onto a balcony with outdoor furniture to enjoy the sunshine. The kitchen is modern and well equipped.

Upstairs are two bedrooms, a bathroom and laundry. The main bedroom has a balcony facing east with lovely views over Chinamans Creek.
Tie your boat to the Private Marina while staying at the Grevillea Terrace, have a hit of tennis at the Metung courts, or use the complex facilities; including a solar-heated, salt water pool, an enclosed indoor heated spa and a BBQ area and children's playground.
A great investment property that you can use yourself while visiting Metung or you can lease out when you?re not in Metung.
Additional feature/s - Built-In Wardrobes.

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

A timeline of how this property has performed in the market
Last Sold
$179,000
20 Mar 1998
  • 19 Jun 2016
    Listed for Sale $250,000
  • 16 Feb 2014
    Listed for Sale Not Disclosed
  • 20 Mar 1998
    Sold for $179,000
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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.

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.