OFF MARKET

73 Metung Road
Metung VIC 3904

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 100m2
Land area: 783m2
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Last updated 11 Nov 2024
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Property Details for 73 Metung Rd, Metung

73 Metung Rd, Metung is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 783m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1975
Floor Size
100m2
Land Size
783m2
Local Government
East Gippsland
Lot/Plan
1/LP18547

Last Listing description (December 2021)

What a fantastic location! Positioned right in the heart of Metung Village this brilliant property offers loads of opportunity. Zoned Commercial 1, this site is prime for redevelopment or could easily be utilised as is -the options are exciting! Open a shop, caf, studio or gallery (in the past a homewares/gift shop & decorating service was run from the premises). Or maybe this is the perfect residence for you to holiday or downsize to, within walking distance to the hotel, yacht club, shops & cafe's, playground, boardwalk & beach!

At street level, a new coastal inspired garden features front steps made of reclaimed jetty timbers leading up to the huge front deck that enjoys glimpses of Bancroft Bay. The gorgeous cottage has recently been renovated including exposing & polishing floorboards, painting interior & exterior and reconfiguring the bathroom/laundry. Flooded with natural light, the living spaces open out to the deck, in turn the kitchen with meals area opens to the patio and delightful rear garden. Accommodation includes two bedrooms with built-in robes the master also enjoys a lake view.

With excellent access off the street to the double garage at the rear plus plenty of space for parking of further vehicles, boat or caravan. The parking space and outdoor patio both have poles for shade sails which are erected over the summer months for sun protection. Screened by an ornamental grape vine, the patio offers a great spot for outdoor entertaining or enjoying the garden view.

The future potential of this property is endless. Its position in the business district of Metung and the commercial zoning ensure it will also be of interest to developers. This is your opportunity to secure a brilliant property in a prime location!

Property History for 73 Metung Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$1,060,000
02 Dec 2021
Listed for Rent
$525/w
12 Nov 2021
  • 03 Dec 2021
    Listed for Sale $1,050,000
  • 02 Dec 2021
    Sold for $1,060,000
  • 16 Oct 2021
    Listed for Rent - Price not available
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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 2,178 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 114 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 64 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.