SOLD
Sold on 25 Sep 2024 for $105,000

4D Phillip Street
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1133m2
Save

Property Details for 4d Phillip St, Metung

Building Type
Land
Land Size
1133m2
Local Government
East Gippsland
Lot/Plan
619/LP56282

Last Listing description (November 2024)

Perfectly situated in a serene and picturesque corner of Tambo Bluff Estate in Metung, this expansive 1,133sqm flat block offers an exceptional opportunity. Currently consisting of two titles, the land requires consolidation by the buyer - a straightforward process. The level terrain provides the ideal foundation for building your dream home, with ample space for entertainment areas, garaging and landscaped gardens. A short stroll takes you to the Lake King foreshore, and a brief drive will lead you to the Metung Hot Springs, Metung Country Club, local shops, clubs, and cafes. Bairnsdale and Lakes Entrance are also within easy reach for work, secondary schooling, and additional shopping needs.

Property History for 4d Phillip St, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$105,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $105,000
  • 13 Aug 2024
    Listed for Sale $220,000
  • 24 Oct 2011
    Transferred

Commute Calculator

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 124 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

Market Insights
Metung Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Metung Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
Show contact details
King & Heath First National - METUNG
Preferred contact:
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.