SOLD
Sold on 12 Apr 2024 for $215,000

38/44-48 Metung Road
Metung VIC 3904

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Sold By
OBrien Real Estate Bairnsdale
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Property Details for 38/44-48 Metung Rd, Metung

38/44-48 Metung Rd, Metung is a 1 bedroom, 1 bathroom Townhouse and was built in 1993. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Townhouse sold in Metung in the last 12 months.

Building Type
Townhouse
Year Built
1993
Local Government
East Gippsland
Lot/Plan
32/PS322371

Last Listing description (June 2024)

Nestled within the exclusive confines of The Moorings of Metung complex, this fully furnished holiday unit offers a delightful blend of comfort and convenience. Boasting one bedroom, one bathroom, and a combined living area with a convenient kitchenette, this property is your ticket to relaxed lakeside living. Onsite parking for one vehicle is also included.

Key Features:

Location: Situated in the heart of Metung Village, this unit offers proximity to the picturesque Gippsland Lakes, quaint cafes, delectable restaurants, and the iconic Metung Hotel. Embrace the true essence of lakeside living.

Facilities: Enjoy all the amenities The Moorings has to offer, including a tennis court, a sparkling swimming pool, and private jetties. Whether you're a sports enthusiast or simply seeking relaxation, these facilities cater to every lifestyle.

Investment: Not currently part of The Moorings letting pool, take advantage of residing here whenever you please! Alternatively there is plenty of scope to take advantage of your investment's potential by re-entering the letting pool (subject to approval).

Don't miss this opportunity to make Metung your home away from home. Contact us today to arrange a viewing and experience the charm of this lakeside gem first-hand. Your slice of paradise awaits!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 38/44-48 Metung Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$215,000
12 Apr 2024
  • 12 Apr 2024
    Sold for $215,000
  • 15 Dec 2021
    Transferred
  • 08 Jul 2011
    Listed for Sale $198,000
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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 2,181 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 122 properties listed for sale, and 1 property listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 68 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.