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Investment Property Metung, VIC, 3904

Suburb Snapshot

Metung is a suburb in the East Gippsland Region of Victoria. Metung has a population of 1,450 people and 10.54% of its occupants live in rental accommodation. The median listing price for houses is $750,000 and this has changed -3.85% over the past year and changed -6.08% over 2 years.

The median rent in Metung for houses is $510 per week and the median rental yield is 3.53%. Stock on the market for houses/townhouses has changed 19.12% compared to last year and the average time to sell a house/townhouse is 214 days.The median listing price for units is $300,000 and this has changed 102.70% over the past year. The average unit takes 317 days to sell and the median rent for a unit in Metung is NA per week, producing a rental yield of NA.

Supply & Demand in Metung, East Gippsland

0.90%

Current vacancy rate


10

Rental stock available


1,450

Population


10.54%

Rental population


0.56%

Current vacancy rate


161

Rental stock available


45,041

Population


17.07%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Metung, East Gippsland

  House Townhouses Units
Median listing price $750,000 NA $300,000
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year -3.85% NA 102.70%
Median price change - 2 years -6.08% NA 25.00%
  House Townhouses Units
Median weekly rent $510 NA NA
Median yield % 3.53% NA NA
Median rent change - 1 year 13.33% NA NA
  House Units
Previous month sales 3 0
Stock on market previous month 81 16
Stock variance vs. last year 19.12% 45.45%
Average days on market 214 317

Metung investment property listings

Showing 1 of 1 investment properties found in Metung on realestateinvestar.com.au

12 Lawrence Ct, Metung

$2,900,000

property pic

Bespoke Architectural Living in the Heart of Metung

12 Lawrence Court is an exemplar of one of the most beautifully constructed residences in Metung. John McAuley Architecture and Master Builder Alistair Bush have executed a residence which addresses functional design and liveability, which is rarely seen in other residences throughout Metung. ...

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House

VIC 3904


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