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 › Nicholas Ave
$849,999
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
897 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
Asking
$849,999
Asking · $948/m² of land
No recorded sale for this property.
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
+75.3%
Median sale
Suburb $485,000
-2.12 pp
Gross yield
Suburb 4.95%
Suburb median $485,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$51,861 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Metung's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Ashwood & Associates Real EstateWelcome to a truly exceptional home where thoughtful design, premium finishes, and year-round comfort come together to create an outstanding lifestyle opportunity in the heart of Metung. Perfectly crafted and meticulously maintained, this residence offers generous living spaces, quality inclusions, and brilliant functionality both inside and out.
Step inside and immediately appreciate the taller ceilings and rich Jarrah hardwood flooring, setting the tone for the style and quality carried throughout. At the heart of the home is the impressive kitchen, showcasing Black Galaxy granite benchtops, soft-close drawers, a 900mm oven, and excellent storage—ideal for home cooks and entertainers alike.
The main living and dining area provides comfort in every season, featuring a woodfire heater with heat-transfer vents to the bedrooms, plus a split system for instant climate control.
The luxurious master bedroom includes quality blinds, a spacious walk-in robe, and an oversized ensuite with double basins. The additional three bedrooms are equally well-appointed, each with built-in robes, ceiling fans, and heat-transfer vents for consistent warmth.
Both bathrooms feature in-tile heating for a touch of everyday luxury, and a generous laundry offers excellent bench space, cupboards, and storage. A ducted vacuum system adds to the convenience and efficiency of the home.
Outdoor living is just as impressive. A large decked balcony with downlights and ceiling fans creates the perfect year-round entertaining zone, overlooking the backyard and peaceful hill views. The property also provides drive-through access to the rear yard, making it incredibly versatile.
For those needing serious storage or workspace, this home delivers:
- A Vanport ideal for caravans, boats, or extra vehicles
- Under-house undercover storage
- A large workshop with built-in benches and shelving
- An additional secure garage at the back with rear access, perfect for boat storage or hobby gear.
- Generator points
- Security cameras with entrance sensors for peace of mind
- Option to buy/lease 40ft Jetty Mooring.
This superb property is also positioned for lifestyle. Enjoy easy walking access to the iconic Metung Boardwalk and all the village’s coastal charm. Metung is renowned for its fishing, boating, water sports, and relaxed lakeside living—offering an enviable lifestyle for both permanent residents and holidaymakers. And with Bairnsdale CBD just a 30-minute drive, all major services, schools, and shopping remain close at hand.
A beautifully finished home with incredible extras, exceptional storage, and premium comfort this is the Metung lifestyle at its finest.
For more information, call Kane Ashwood: 0439 036 412 or Kim Ashwood: 0421 868 147 at ASHWOOD & ASSOCIATES REAL ESTATE.
Property Code: 407
Listing description written by Kane Ashwood, Ashwood & Associates Real Estate — reproduced as published, not verified by Districts.