Metung at a glance
1,912
People
$485,000
Median sale
$462/wk
Median rent
4.95%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
VIC › Metung › Matthew Ave
$740,000
Last sold
28 Nov 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
1,189 m²
Land
195 m²
Building
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$740,000
28 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Metung (last 5 years) with land size have a median of $350/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Metung at a glance
1,912
People
$485,000
Median sale
$462/wk
Median rent
4.95%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Metung
+52.6%
Median sale
Suburb $485,000
-1.70 pp
Gross yield
Suburb 4.95%
Suburb median $485,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE
LDRZ
Jurisdiction
East Gippsland
East Gippsland, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,168 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,168 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 11; VEGETATION PROTECTION OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $462/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,168 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 1,168 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 11; VEGETATION PROTECTION OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Metung at a glance
1,912
People
$485,000
Median sale
$462/wk
Median rent
4.95%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX GenesisDiscover the ultimate lifestyle in this beautifully designed home set on a generous 1189 sqm block in the serene coastal town of Metung. With premium finishes, expansive living spaces, and thoughtful inclusions, this property is a must-see for families, professionals, and those seeking a home business opportunity or an Ideal holiday home.
Enjoy the beauty of the outdoors with a spacious patio and pergola, perfect for alfresco dining or simply unwinding in your private garden oasis. The expansive lawn is ideal for children to play or for hosting summer barbecues with friends and family.
Key Features:
*Spacious Interiors - Open-plan living and dining with stylish flooring, abundant natural light, and a welcoming ambience.
*Modern Kitchen - Sleek cabinetry, a stylish sink with a premium faucet.
* Kitchen has stone bench tops, ample counter space, and a walk-in pantry.
*Bedrooms & Bathrooms - 3 well-sized bedrooms, including a luxurious master suite with walk-in robe and ensuite. Two additional
bedrooms also
feature walk-in robes.
*Two well-appointed bathrooms plus a separate powder room for added convenience.
*Laundry & Storage - A spacious laundry with a walk-in linen room, ensuring plenty of storage.
*Large Rumpus Room - Ideal for a home business, entertainment, or additional living space.
*Outdoor Features - A fully enclosed backyard with a beautifully maintained native garden.
* The Solar System is 6.5 kw.
*Parking & Storage - A double carport 7m x 6m for secure vehicle, caravan or boat storage.
*Shed: A 7m x 4m shed with a concrete floor and power, perfect for a "man cave" or workshop. Side access with a roller door and additional storage space for garden tools.
This incredible property offers both comfort and functionality, with ample room for a growing family or an entrepreneur looking to operate from home or make this your holiday home. This property is not just a house; it's a home where memories are made.
Located in the picturesque community of Metung, you'll enjoy a peaceful lifestyle close to local amenities, schools, and stunning natural attractions.
Don't miss out on this incredible opportunity! Schedule a viewing today and experience all that 1 Matthew Avenue offers. Your dream home awaits!
Call selling agent DANIEL SCHOEMAN on 0417 824 769 for further information or a private inspection.
_____________________________________________________________________________
Due Diligence Checklist:
What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).
Listing description written by Daniel Schoeman, RE/MAX Genesis — reproduced as published, not verified by Districts.