SOLD
Sold on 01 Mar 2024 for $250,000

7 Pelican Court
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4015m2
This property is currently on the market
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Property Details for 7 Pelican Ct, Metung

7 Pelican Ct, Metung is a 0 bedroom, 0 bathroom House. The property has a land size of 4015m2.This Property is currently listed for sale with LJ Hooker Metung

Building Type
House
Land Size
4015m2
Local Government
East Gippsland
Lot/Plan
PC368819

Last Listing description (May 2024)

Discover the perfect canvas for your dream home on this expansive (1 acre approx.) vacant land nestled in the Tambo Bluff estate. This north-facing allotment offers a flat and clear building site, providing ample space for a substantial home, a spacious shed, and a refreshing pool.

Boasting an impressive 46 meters of road frontage, the property ensures easy access and enhances its grandeur. The allure of this parcel extends beyond its size, as it graces you with a captivating treed view at the rear that remains untouched by development, ensuring a serene and picturesque backdrop.

As you explore the property, you'll be treated to glimpses of the majestic Gippsland Lakes, adding a touch of natural beauty to your surroundings. The tranquility of the location is accentuated by its placement on a quiet no-through road, offering you a peaceful retreat from the hustle and bustle of everyday life.

Additionally, the land is strategically located close to the Metung Hot Springs, promising a luxurious and relaxing experience just moments away. Seize the opportunity to craft your ideal lifestyle on this remarkable piece of land, where spaciousness, natural beauty, and tranquility converge to create a truly extraordinary living environment.

Property History for 7 Pelican Ct, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$250,000
01 Mar 2024
  • 01 Mar 2024
    Sold for $250,000
  • 21 Dec 2023
    Listed for Sale $280,000

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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 2,181 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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LJ Hooker Lakes Entrance
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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.