Property Details for 44 Metung Rd, Metung
44 Metung Rd, Metung is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.
Last Listing description (May 2020)
GROUND LEVEL WATERFRONT UNIT IN THE VILLAGE, YOU'LL FALL IN LOVE WITH THIS ONE!
An amazing opportunity to secure this premium waterfront unit forming part of "The Moorings Resort" accommodation complex in Metung. Boasting a solid rental income and an owner-friendly OC format, this unit will suit the investor looking for consistent returns on their investment with the opportunity to spend some time on the Gippsland Lakes themselves.
This unit is a 2 bedroom 2 bathroom configuration with an internal floor area of approximately 104 square meters with a very large Master Suite which has separate access offering great flexibility from a holiday rental perspective. With the internal fit-out including the kitchen, bathrooms and furnishing all having been upgraded over the past 5 years at an expense of approximately $50,000 this is a set and forget investment for the incoming owner. This unit has great proximity to the village with a short 150m stroll along the boardwalk to the famous Metung Hotel, everything is at your fingertips!
*This unit has access to boat parking for guests and the owner utilizing the Moorings jetty births.
Full details including financials can be obtained through the exclusive listing agents at Bret Ward Real Estate.
Private inspections of this unit can be conducted following the social distancing rules with the listing agent, or, let us know in advance and we can video link a live tour with the listing agent. Get in quick, this one is a fantastic deal!
Property Code: 1275
Property History for 44 Metung Rd, Metung, VIC 3904
- 26 May 2020Listed for Sale UNDER OFFER
- 28 Mar 2020Listed for Sale $399,000 - $429,000 View By Private Appointment
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0About 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 2,174 properties. Over the last 5 years, Houses in Metung have seen a 54.46% increase in median value, while Units have seen a 57.13% increase. As at 30 September 2024:
- The median value for Houses in Metung is $665,566 while the median value for Units is $422,838.
- Houses have a median rent of $460 while Units have a median rent of $290.
Suburb Insights for Metung 3904
Market Insights
Metung Trends for Houses
N/A
N/A
View TrendN/A
N/A
Metung Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
