OFF MARKET

8 Banool Close
Metung VIC 3904

Bedrooms: 8
Bathrooms: 3
Car spaces: 2
Floor area: 412m2
Land area: 955m2
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Property Details for 8 Banool Cl, Metung

8 Banool Cl, Metung is a 8 bedroom, 3 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 955m2 and floor size of 412m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2004
Floor Size
412m2
Land Size
955m2
Local Government
East Gippsland
Lot/Plan
6/LP214612

Last Listing description (August 2021)

Located in a quiet court, this large residence offers a variety of options. With two large separate levels both offering self contained living you could live in the upper level and rent out the lower for either permanent or holiday accommodation, or perhaps you have a large extended family that you could share the property with.
Walk into the residence at street level and you will instantly be blown away by the sheer size of the upper level alone. With entry foyer opening into a wide spacious hall, off which are five large bedrooms (two with built-in robes) and stairway up to a mezzanine study/studio space. The hall leads through to the generous main living area which is open plan including large kitchen & dining that opens out to the north facing deck, plus an adjoining lounge with double doors that can be closed off for comfort. This level also features two bathrooms, laundry & reverse-cycle heating/air-conditioning.
With separate access, the lower level is also fully self-contained and comprises of an expansive open plan living space with reverse-cycle heating & cooling, kitchenette, three big bedrooms, 1 bathroom, separate laundry and deck. This space has previously been permanently tenanted for $320.00 per week.

Lots of possibilities here.

Property History for 8 Banool Cl, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$590,000
14 Jul 2021
Listed for Rent
$295/w
20 Dec 2019
  • 14 Jul 2021
    Sold for $590,000
  • 15 Jun 2021
    Listed for Sale $595,000
  • 08 Aug 2019
    Listed for Rent $295 / week
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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.