OFF MARKET

5/5 Kingscote Drive
Metung VIC 3904

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 2m2
Land area: 368m2
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Property Details for 5/5 Kingscote Dr, Metung

5/5 Kingscote Dr, Metung is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 368m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2000
Floor Size
2m2
Land Size
368m2
Local Government
East Gippsland
Lot/Plan
5/PS448812

Last Listing description (November 2023)

Don't miss the rare opportunity to secure this two bedroom stand alone front unit in the heart of Metung. The unit is beautifully presented and maintained, comprising spacious lounge and good size kitchen opening to the light & bright meals area which in turn opens out to a lovely patio and barbecue area. Featuring plantation shutters throughout the home which gives a tropical feel. Two good sized bedrooms with built-in robes, renovated bathroom and laundry with outdoor access to the side landing with clothesline. A separate studio room which would be a great at home gym area can be accessed from the rear courtyard. Under house storage area. The low maintenance gorgeous front garden is like your own private oasis. Lock-up single garage plus an extra parking space. The unit is located in a lovely complex of only 5 units in close proximity to Metung Primary School. Don't delay your enquiry as great units like this rarely come on the market in Metung.

https://kingheath.com.au/rental/unit-vic-metung-1p26154/

Property History for 5/5 Kingscote Dr, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$472,500
21 Jul 2022
Listed for Rent
$400/w
09 Nov 2023
  • 31 Aug 2023
    Listed for Rent $400 / week
  • 21 Jul 2022
    Sold for $472,500
  • 14 Apr 2022
    Listed for Sale $498,000
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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.

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.