OFF MARKET

42/1 Mairburn Road
Metung VIC 3904

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 136m2
Land area: 116m2
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Property Details for 42/1 Mairburn Rd, Metung

42/1 Mairburn Rd, Metung is a 3 bedroom, 1 bathroom Townhouse and was built in 2005. The property has a land size of 116m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Townhouse
Year Built
2005
Floor Size
136m2
Land Size
116m2
Local Government
East Gippsland
Lot/Plan
42/PS528623

Last Listing description (September 2024)

The Metung holiday lifestyle beckons with this exceptional 3-bedroom unit situated in a peaceful court location within the Metung Holiday Villa's complex.

Ideal as a relaxed weekender, only meters from the heated swimming pool and playground.
The family villa combines both investment and an inexpensive holiday into one.

Features:
Open plan kitchen/lounge/dining leading to covered deck.
Main bedroom with Queen size bed and built in robes.
Second bedroom with Double bed and robes.
Third bedroom with bunk beds and robes.
Central bathroom with separate toilet.
Split system and ceiling fans.
Strata titled with management rights contract.
Room for 2 x cars or 1 x car and boat.

The on-site managers will look after all aspects of bookings, cleaning and maintenance giving you peace of mind that your property is well maintained and with the benefit of a potential income.

Metung Holiday Villa's is ideally located within walking distance to the centre of town and only a short 5-minute drive to the newly opened Metung Hot Springs.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 42/1 Mairburn Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$135,000
03 Jul 2023
  • 18 Apr 2024
    Listed for Sale $149,000
  • 03 Jul 2023
    Sold for $135,000
  • 30 Dec 2022
    Listed for Sale $155,000
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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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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.