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 › Broadlands Rd
3
Bedrooms
1
Bathrooms
3
Car spaces
933 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Metung (last 5 years) with land size have a median of $374/m² of land (n=28). 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.
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 931 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 931 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 11; VEGETATION PROTECTION OVERLAY - SCHEDULE 3. 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 931 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 931 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 11; VEGETATION PROTECTION OVERLAY - SCHEDULE 3. 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 East Gippsland Real Estate Lakes EntranceWelcome to this immaculate single-level home, perfectly positioned to offer serene living with convenient access to both relaxation and recreation. Nestled in a tranquil setting with golf course frontage, this residence is also just a stone's throw from the rejuvenating Hot Springs.
The home features three spacious bedrooms, each equipped with double built-in robes, ensuring ample storage. A separate studio adds versatility, ideal for an office, art studio, or guest space. For those who need extra storage or workspace, a massive 3-bay shed with two roller doors and a large workshop is at your disposal.
The recent renovations have elevated this home to a modern haven. Enjoy new carpets, blinds, a wood heater, ceiling fans, and fresh paint throughout. The kitchen boasts a new stovetop, and the hot water service has been updated for your comfort.
After a day of enjoying the beautiful Gippsland Lakes, the Hot Springs, or the golf course, unwind in style in the stunning alfresco area, perfect for barbecuing and entertaining. The outdoor living zones include a luxurious hot water outdoor shower and a mudroom for convenience.
Additional features include:
• A 6 kW solar system to keep energy costs down
• Two split system air conditioners for climate control
• NBN connectivity for high-speed internet
• Town water supply
• Wheelchair access for ease of movement
• Space to accommodate both a caravan and a boat
This home is not just a place to live; it's a lifestyle choice offering comfort, convenience, and a touch of luxury.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Listing description written by Lynette Coulson, East Gippsland Real Estate Lakes Entrance — reproduced as published, not verified by Districts.