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.
$415,000
Last sold
28 Nov 2022
2
Bedrooms
1
Bathrooms
1
Car spaces
1,400 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$415,000
28 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Metung (last 5 years) with land size have a median of $398/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
-14.4%
Median sale
Suburb $485,000
+0.84 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 data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Harcourts BairnsdaleIf you are looking for a turnkey investment property, or one for permanent occupancy near the gateway to the Gippsland Lakes, well this cosy two-bedroom one bathroom home is on the market and available for vacant possession. The home is very neat and tidy and within the last two years has benefitted with upgrades of a new hot water system, a new electric stove in the kitchen, a new freestanding wood heater and split system installed in the lounge, insulation in the roof and a solar system feeding back into the grid reducing living costs. The home is connected to mains water, power, and sewer.
Both bedrooms boast built in robes, also there is extra storage in the laundry, the bathroom has shower with a separate bath and vanity and there is a separate toilet. The kitchen is functional and opens to the lounge area which is generous for the size of the home and has a sliding door providing access to the veranda which is nicely elevated capturing some district scenery to the North and Northwest and overlooks the magnificent garden with many well-established native and ornamental trees. There is very good access under the home along with a concreted single car carport and the land size is approximately 1400 sqm offering ample area to build a decent shed or for future development STCA.
The location of this property is approximately five minutes from the boat ramp at Shaving Point in Metung, and within walking distance to the Tambo River along the Metung Road and Sardine Flat for fishing all year around, approximately twenty minutes' drive to Bairnsdale being the major regional centre of East Gippsland, fifteen minutes from Lakes Entrance or two hours' drive north via the Great Alpine Road to the snowfields of Dinner Plain and Mount Hotham, and is also in proximity to the walking trails and the rail trails for walking, biking, or the horse enthusiasts, making it a great location to base oneself and explore the region.
So if this has got you stamped all over it do not delay.
Inspections strictly for qualified buyers only.
All enquiries contact Michael Enever, 0458 272 797.
Listing description written by Michael Enever, Harcourts Bairnsdale — reproduced as published, not verified by Districts.