OFF MARKET

5/2-18 Nicholas Avenue
Metung VIC 3904

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 137m2
Land area: 407m2
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Property Details for 5/2-18 Nicholas Ave, Metung

5/2-18 Nicholas Ave, Metung is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 407m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
2005
Floor Size
137m2
Land Size
407m2
Local Government
East Gippsland
Lot/Plan
5/PS300796

Last Listing description (January 2021)

Very stylish, fully furnished townhouse on 3 levels situated in the Edgewater Terraces complex.
The ground level consists of a modern and functional kitchen and dining area with sunken lounge featuring a cosy electric fireplace heater and reverse cycle air conditioning. The lounge room opens out to extensive decking with outdoor entertainers deck.

The second level houses 2 bedrooms, one with a queen size bed the other with a bunk bed and single, both have built in robes and a central bathroom services this floor.
The master bedroom with en suite is on the top level and features a private deck with water views of Chinamans Creek.
Spend the weekends strolling along the boardwalk into the Village or jump in your boat berthed in Chinamans Creek and explore the Gippsland Lakes.
Opportunity to earn an income with friendly on site managers who take the stress out of having to maintain it when not in use.

Property History for 5/2-18 Nicholas Ave, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$290,000
17 Sep 2020
  • 17 Sep 2020
    Sold for $290,000
  • 06 Dec 2019
    Listed for Sale Under Contract
  • 22 Jun 2009
    Listed for Sale $550000

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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.