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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

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