OFF MARKET

51 Stirling Road
Metung VIC 3904

Bedrooms: 8
Bathrooms: 4
Car spaces: 8
Land area: 884m2
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Property Details for 51 Stirling Rd, Metung

51 Stirling Rd, Metung is a 8 bedroom, 4 bathroom Unit with 8 parking spaces. The property has a land size of 884m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Land Size
884m2
Local Government
East Gippsland
Lot/Plan
16/LP75208

Last Listing description (August 2021)

Buy the property! Get a business!
Akora Flats consists of four well-presented, long established holiday flats offering clean, comfortable accommodation in close proximity to Metung Village, Lake King & Bancroft Bay. Each flat includes a full kitchen, private bathroom, two bedrooms and a good sized living area. There is a shared laundry, shared BBQ area, and plenty of off-street parking for each flat. The property is being sold fully furnished.
Akora is a well-proven holiday rental business ideal for an astute investor or someone wanting a part time business commitment. It may also be an adjunct to an existing business you may be running in Metung or surrounds? The Owners will pass on all the business necessities and all forward bookings. With regional travel experiencing a cracking pace, now is the time to invest.

Property History for 51 Stirling Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$715,000
15 Aug 2021
  • 15 Aug 2021
    Sold for $715,000
  • 30 Apr 2021
    Listed for Sale $745,000
  • 29 Oct 2016
    Listed for Sale $525,000
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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.