8 The Sanctuary Metung VIC 3904
Property Details for 8 The Sanctuary, Metung
Last Listing description (December 2023)
Currently offering a great water view to the Gippsland Lakes, this lovely block is set in a court location, extremely close to the entrance to Metung Hot Springs. In close proximity also to Metung Country Club & Golf Course and walking paths to access the Beaches Marina, Lake King foreshore and Metung Village. The land is fenced with services available. The perfect location to build your permanent home, holiday home or an investment property.
Property History for 8 The Sanctuary, Metung, VIC 3904
- 12 Dec 2023Sold for $190,000
- 02 Mar 2023Listed for Sale $225,000
- 19 Nov 2020Sold for $120,000
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0About 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.
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