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VIC › Metung › Reynolds Rd

50 Reynolds Rd, Metung VIC 3904

For saleHouse

$1,128,000

For sale

Asking

3

Bedrooms

2

Bathrooms

6

Car spaces

60,701 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,128,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,128,000(Listing record · 8 May 2025)
  • CalculationLand 60,701 m² against a 170 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Metung (last 5 years) with land size: median $374/m² of land (n=28). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 133% above the Metung median recorded sale ($485,000, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Metung's advertised median rent ($462/wk), implied gross yield would be 2.13% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,128,000

Asking · $19/m² of land

No recorded sale for this property.

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.

See the full Metung report →

Vs Metung

+132.6%

Median sale

Suburb $485,000

-2.82 pp

Gross yield

Suburb 4.95%

Suburb median $485,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,128,000
Stamp Duty (Victoria)
$62,040
Transfer/Registration Fee
$2,744
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,196,484

$68,484 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Metung's advertised median rent — not a rent for this listing.

Net yield
0.63%
Annual cashflow (pre-tax)
$-51,552
Interest cover (DSCR)
0.12
Annual rent
$24,024
Operating expenses
$16,920
Loan amount
$902,400
Annual interest
$58,656
Gross yield
2.13%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,128,000available8 May 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.1%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Metung in one glance

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.

See the full Metung report →

Keep researching

  • Why Metung? Read the area thesis →
  • What else is on the market in Metung →
  • Other records on Reynolds Rd →

Listing material

Listed by RE/MAX Genesis

Perfect Country Escape on 15 Acres

Escape to 15 serene acres of lifestyle living, where space, comfort, and natural beauty come together -just a short drive from the Tambo River, Tambo Bay, and charming Metung Village. Whether you're after a quiet country life, room for animals, or just space to breathe, this well-equipped property has it all.

The beautifully presented, two separate living areas, three-bedroom, two-bathroom home has been thoughtfully updated to balance cosy charm with modern practicality. Fresh paint and new carpets throughout, along with new ceiling and underfloor insulation, updated plumbing and wiring, and broadband connection mean you can simply move in and relax. With two living areas - a lounge/TV room and a separate formal lounge - there's plenty of space to unwind, entertain, or simply enjoy the peaceful surroundings.

Step out onto wide front and rear decks and take in the tranquility that surrounds you. Whether it's morning coffee, afternoon gatherings, or quiet evenings listening to the birdsong, this is outdoor living at its best.

Read the full description

If space and storage are high on your wish list, this property delivers in spades. Horse owners will love the dedicated tack shed and ample room for floats and gear, while anyone with hobbies, animals, or a need for serious shed space will be equally impressed. There's a generous approx. 6m x 18m garage/workshop area, and an approx. 4m x18m carport beside the home, a 12m x 6m machinery shed at the rear, plus garden sheds and more. Whether it's tools, vehicles, equipment, or feed - there's a place for it all, with room to grow.

Nature lovers will be drawn to the unique bonus of direct access to over 100 acres of shared reserve land. With exclusive access to a private jetty, you can kayak, fish, or simply unwind in nature.

Property Highlights:

* 15 acres with 5 fenced paddocks, dam, and new water troughs

* Ample water storage: 40,000L water tank plus 2 additional tanks, and council water connected

* Direct access to 100+ acres of shared natural reserve with private jetty

* Charming 3-bedroom, 2-bathroom home with two separate living areas

* Freshly painted, new carpets, updated plumbing, wiring & broadband

* Ceiling/underfloor insulation, split system, new wood heater & ceiling fans

* Wide front & rear decks, established gardens, veggie patch & chook run

* Generous approx. 6m x 18m garage/workshop plus approx. 4m x 18m carport

* Large, approx. 12m x 6m machinery shed with separate rear access

* Tack shed, multiple garden sheds, solar panels & solar hot water

* With this large block of land, there is a possibility for subdivision (STCA)

* Peaceful setting just minutes from the Tambo River and Tambo Bay, and only 7 minutes to Metung Village

Don't miss the opportunity to secure this rare slice of well-equipped country living - so close to the water, yet wonderfully private. To arrange your inspection or find out more, contact Ildiko Varga on 0456 091 451 today.

_________________________________________________________

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 (consumer.vic.gov.au/duediligencechecklist).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Listing description written by Ildiko Varga, RE/MAX Genesis — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Grey Water System
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Hot Water
  • Solar Panels
  • Toilets: 2
  • Water Tank
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.