SOLD
Sold on 22 Apr 2024 for $250,000

21 Peter Road
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 61m2
Land area: 1147m2
This property is currently on the market
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Property Details for 21 Peter Rd, Metung

Building Type
Land
Year Built
2022
Floor Size
61m2
Land Size
1147m2
Local Government
East Gippsland
Lot/Plan
PC371969

Last Listing description (May 2024)

Don't miss this exciting opportunity to secure a generous 1147 sqm block of land, which is flat & cleared and perfectly positioned with water views across Lake King.

This plot offers an ideal canvas to create your dream home or holiday retreat in a desirable neighbourhood.

With its proximity to the Metung Hot Springs and Metung Country club and convenient 5-minute drive into the Village, this property provides an ideal setting for a relaxed and enjoyable lifestyle.

All local services available for connection.

Property History for 21 Peter Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$250,000
22 Apr 2024
  • 22 Apr 2024
    Sold for $250,000
  • 29 Jun 2023
    Listed for Sale Not Disclosed
  • 19 Aug 2021
    Sold for $259,000
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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 2,178 properties. Over the last 5 years, Houses in Metung have seen a 64.70% increase in median value, while Units have seen a 41.82% increase. As at 31 October 2024:

  • The median value for Houses in Metung is $699,955 while the median value for Units is $381,139.
  • Houses have a median rent of $460 while Units have a median rent of $290.
There are currently 114 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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LJ Hooker Lakes Entrance
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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.