5 Thompson TerraceMetung VIC 3904
Property Details for 5 Thompson Tce, Metung
5 Thompson Tce, Metung is a 0 bedroom, 0 bathroom House. The property has a land size of 779m2.This Property is currently listed for sale with LJ Hooker Metung
Last Listing description (August 2024)
This court positioned allotment of 779m2 presents an ideal block of land to build a holiday house or a permanent home in the Kings Cove area of Metung. Overlooking and backing onto the recently opened Metung Hot Spring this newly established court location can't be beaten!
Being part of the Kings Cove area the Kings Cove Golf Course & Clubhouse is also nearby offering a fantastic lifestyle opportunity in this highly sought after area.
With views of Lake King to the left and a walking track at the end of the street that can be used to enjoy the lovely walk into Metung Village along Beach Road foreshore past the Beaches Marina on Lake King. Enjoy the Metung Village shops, cafes, parks, hotel & beaches and everything else Metung Village and this special area has to offer.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 5 Thompson Tce, Metung, VIC 3904
- 19 Aug 2024Listed for Sale $420,000
- 06 Sep 2021Sold for $170,000
- 01 Jun 2020Listed for Sale $170,000
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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 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.
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