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 › Christmas St
$2,500,000
Last sold
1 July 2022
4
Bedrooms
3
Bathrooms
0
Car spaces
3,169 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
$2,500,000
1 July 2022 · 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
+415.5%
Median sale
Suburb $485,000
-3.99 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 RE/MAX GenesisLifestyle, Location and Beauty; your chance to have it all with uninterrupted Views!
Finding a fantastic property like this in such an idyllic, tightly held precinct is rare!
Perfectly positioned opposite Bancroft Bay and privately nestled on the hill, this is your opportunity to secure a fantastic investment in an increasingly popular area with all the convenience and lifestyle of Metung , giving your family the chance of creating lifelong memories for many years to come.
The location is second to none, with unrivalled water views across the Bay, all the way down to Flannagan Island. Walking and bike trails are a stone's throw from the private location, winding along the popular waterfront to Metung Village. With the yacht club marina, cafes, shops and the Metung Pub only a short stroll away, this beautiful property offers every convenience, whilst preserving full privacy and the serenity of magnificent views. You can launch your boat or jet ski with ease at the nearby boat ramp enjoying water sport to the max.
Located on a prime, elevated 3,169sqm block, this property offers a primary residence, including retreat and a separate cottage.
The Main residence:
• The spacious three Bedrooms, all with built-in robes, are all large sized and filled with natural light
• Generous Ensuite with bath
• Two comfortable open plan Living areas are the heart of this haven
• The Lounge / Dining features a Fireplace to keep the house warm and cosy during the winter months
• Modern kitchen overlooking the Waterfront Garden
• Formal lounge to entertain or relax with a second Fireplace
• The Retreat attached to the primary residence can be utilised as a kids retreat with bunk beds, an art or games studio or whatever the imagination allows
• Surrounded by immaculately landscaped grounds with modern fully installed bore water and irrigation system.
The Cottage:
*One bedroom with spacious Ensuite
*Modern kitchen with adjoining Dining room
*Lounge with fireplace to relax and enjoy the stunning views
*Separate Laundry
*Separate WC
*Surrounded by the manicured gardens, deck and waterviews
A two-car garage, carport and a large driveway for ample off-street parking, all fully fenced for added security, complete this package.
This property is currently operating as Heronswood House and Heronswood Cottage with an online booking system set up. This is a successful turnkey operation, booked out months in advance.
It's a must see to appreciate the truly unique opportunity that this beautiful property offers. This is a property like no other. Call Daniel to arrange a private inspection on 0417 824 769.
Possible subdivision potential (STCA).
_________________________________________________________________________
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
Listing description written by Daniel Schoeman, RE/MAX Genesis — reproduced as published, not verified by Districts.