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.
3
Bedrooms
1
Bathrooms
2
Car spaces
2,389 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
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 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 BairnsdaleSet on approximately 2389 sqm of land in the Tambo Bluff Estate this two-story home has three generous sized bedrooms, all sharing the central bathroom with shower and bath, and a separate toilet. The home keeps a comfortable temperature with insulation in both the roof cavity and under the first story floor and heating and cooling are serviced with a split system and free-standing wood heater. A 2kw solar system on the roof feed power back into the grid and offsetting usage.
The home has an open plan kitchen that boasts a 900mm free standing oven with gas cooktop and double sink and is open to the dining that flows out through an extended archway into the lounge. From the lounge, there is access outside the home to the balcony that exposes a water peak of Lake King to the West and Northwest as well as views to the Victorian Alps, offering some subtle tranquillity when relaxing with friends or family.
Back down the external stairs and on the ground floor there is a carport under the first floor, a lock up garage along with a separate laundry and workshop. In the grounds there is ample room for the caravan or boat, or for the kids or pets to run around and there are a couple of rainwater tanks for the garden or to wash down the boat, and garden shed and cubby / woodshed.
One of the major bonuses this property boasts, and a key benefit for the property is that it has frontage to both Peter Road and Ruth Street providing dual access offering the potential opportunity for future subdivision, and or to build another home for dual occupancy all subject to council approval.
Approximately five minutes' drive from the Metung Village and the boat ramp at Shaving Point, this property is right at the gateway to the Gippsland Lakes for boating and fishing. Only minutes to the Kings Cove golf course and the coming Metung Hot Springs, and close are trails for walking and biking enthusiasts with an approximate five-minute walk down to lake king. Approximately fifteen minutes to Lakes Entrance, or 25 minutes to Bairnsdale by car, or under two hours' drive north via the Great Alpine Road to the snowfields of Dinner Plain and Mount Hotham, this represents a great location to be based and take advantage of what East Gippsland has to offer.
Permanently live in, rent it out, or holiday let tor just holiday in the property, the choice is yours.
Inspections will be strictly for qualified buyers only.
Enquiry, contact Michael Enever on 0458272797
Listing description written by Michael Enever, Harcourts Bairnsdale — reproduced as published, not verified by Districts.