OFF MARKET

22 The Terrace
Metung VIC 3904

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 4014m2
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Property Details for 22 The Terrace, Metung

22 The Terrace, Metung is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 4014m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Land Size
4014m2
Local Government
East Gippsland
Lot/Plan
31/PS509111

Last Listing description (October 2020)

A Metung escarpment residence designed for entertaining and coastal living.
The light filled, open plan and spacious built form is very private and has all the elements for entertaining and contemporary living.

A testament to style and quality, the grand hall features a raised ceiling with electric windows, integrated dining and living with a distinctive and open fire supplementing the under floor heated bluestone tiles.

It accommodates a premium Miele kitchen with touch screen pyrolytic self cleaning oven, microwave, induction cook top, dishwasher and extractor fan, walk in pantry, stone bench tops and electric drawers.

The indulgent master bedroom features an en-suite and separate dressing room; the second bedroom with large en-suite. Additionally, a TV annex, library, office/work station and laundry creates this architectural form.
Surrounding courtyards have been strategically positioned to capture the sun anytime of the year for outdoor entertaining.
Contains a workshop with wine storage and 2 car garage with extended height to accommodate a boat or caravan.
Designed for easy living.

Highly engineered, with H-beam construction, this low maintenance build features cantilevered eves, underfloor central heating, photo voltaic system, solar hot water with electric boost.
The C-bus system allows for personalised smart and remote power administration.

Set in some 4000 square metres of native garden, in close proximity to the Kings Cove Club and golf course, the proposed Hot Springs, Metung Yacht Club, the village of Metung with its boutique shop and cafes and the waterfront pub, this property will suit those looking for a distinctive coastal domicile.

Inspection by appointment only ring Ian Lockwood on M. 0409 928 275

Property History for 22 The Terrace, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$963,000
04 Apr 2020
  • 04 Apr 2020
    Sold for $963,000
  • 01 Jul 2019
    Listed for Sale Price Upon Application
  • 20 Sep 2009
    Listed for Sale 650000
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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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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.