OFF MARKET

5 Wood Street
Metung VIC 3904

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 108m2
Land area: 1191m2
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Last updated 16 Dec 2024
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Property Details for 5 Wood St, Metung

5 Wood St, Metung is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 2005. The property has a land size of 1191m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
2005
Floor Size
108m2
Land Size
1191m2
Local Government
East Gippsland
Lot/Plan
2/LP218607

Last Listing description (September 2020)

Reduced to Sell.
Perfect holiday getaway on approx. 1,190m2 close to walking track to the Yacht Club and boardwalk or Stirling Rd into Metung. There is an opportunity for investors to purchase the complete furniture package and just move in or start letting now. Nothing to spend, this is an ideal lock up and leave property, so close to all of Metung's sought after attractions.

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Property History for 5 Wood St, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$330,000
08 Jul 2020
  • 08 Jul 2020
    Sold for $330,000
  • 28 Mar 2018
    Listed for Sale $368,000
  • 15 Jun 2008
    Sold for $318,000
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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 2,180 properties. Over the last 5 years, Houses in Metung have seen a 63.73% increase in median value, while Units have seen a 52.02% increase. As at 30 November 2024:

  • The median value for Houses in Metung is $690,599 while the median value for Units is $388,549.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 130 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Metung.

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