OFF MARKET

8 The Sanctuary
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 553m2
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Last updated 13 May 2024
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Property Details for 8 The Sanctuary, Metung

Building Type
Land
Land Size
553m2

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

A timeline of how this property has performed in the market
Last Sold
13 Dec 2023
  • 12 Dec 2023
    Sold for $190,000
  • 02 Mar 2023
    Listed for Sale $225,000
  • 19 Nov 2020
    Sold for $120,000
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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 2,180 properties. Over the last 5 years, Houses in Metung have seen a 63.73% increase in median value, while Units have seen a 52.02% increase. As at 30 November 2024:

  • The median value for Houses in Metung is $690,599 while the median value for Units is $388,549.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 130 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Metung.

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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.