Metung RoadMetung VIC 3904
Property Details for Metung Rd, Metung
Metung Rd, Metung is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 29405m2.
Last Listing description (October 2021)
The opportunity to own your own holiday house, visit any time at no cost, (even during peak times), or sit back and enjoy a great rental return.
This three-bedroom, standalone villa, is offered for sale in Metung's most sought-after location on the Gippsland Lakes in East Gippsland.
The resort is situated on the banks of Bancroft Bay with views out to the lake.
Other features of the resort include boat berthing either in a private marina or boat storage facilities in the beautifully maintained grounds.
The resort has seen the return of onsite managers to ensure both guests and the owner's investment are well looked after.
This villa has recently been fully refurbished throughout including internal painting, beds and electrical. (All completed during the COVID-19 lockdown). It has two external deck entertainment areas complete with electric BBQ. It also has its own locked cupboard to store personal items and, in the carport, its own locked shed for the bigger items.
Owners have the choice of using the Resorts own online letting website and management team, or you can use your own.
Property History for Metung Rd, Metung, VIC 3904
- 01 Apr 2021Listed for Sale $575,000
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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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