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 › Essington Cl
3
Bedrooms
2
Bathrooms
4
Car spaces
724 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 RE/MAX GenesisSecluded yet conveniently close to Metung Village, this beautifully updated home offers the perfect coastal retreat.
• Prime Metung Village Location -This property is very close to Metung Village, just a short 3-minute walk to the Metung Hotel, cozy cafés, the local bakery, the Yacht Club, pristine swimming beaches, the general store, pharmacy, post office, and an array of other local businesses.
• Spacious Living - Everything flows smoothly from the kitchen to the living and dining area, where the kitchen has high-quality appliances.
• Accommodation - This property features three beautifully designed bedrooms. Upon entering the home, you'll find the first bedroom, complete with its own suite. The upper level offers two additional bedrooms and a bathroom with a shower and toilet. The main bedroom also boasts breathtaking water views overlooking Bancroft Bay.
• Fully Renovated - This property has been completely renovated, featuring new carpets, updated blinds, polished floors, fresh paint throughout, and a fully transformed garden.
• Climate Control - This property is exceptionally well-equipped for climate control. The lower level features a dedicated ducted electric split system for heating and cooling, while each upstairs bedroom is fitted with its own air conditioning system for heating and cooling.
• Landscaping - The garden has completely transformed, featuring beautiful native plants. Designed to be low-maintenance, it includes a courtyard, freshly laid lawn, new fencing, and a retaining wall, all thoughtfully executed to enhance the property's appeal.
• Parking & Storage - Situated on a corner, this property offers plenty of space to accommodate all your toys, including boats, caravans, and more. The rear of the property is perfectly suited for boat or caravan storage, complemented by a separate lock-up shed for your tools and garden equipment.
• Development Potential -This property, 724m² offers the potential to subdivide the front portion of the block, approximately 400m², subject to council approval. Utility services are available for connection, providing the opportunity to build another dwelling or sell the subdivided block.
• Convenience & Recreation - Metung is well known for its diverse lifestyles. Water sports, boating, fishing, tennis, and golf at Kings Cove, then Metung Hot Springs to relax are only some of what this area presents.
Whether you're seeking a holiday retreat, a permanent residence, or a lucrative investment property, this home is perfect. With all the work already done, you can move in and enjoy everything it offers.
Properties close to Metung Village are rare and do sell quickly. Act now before it's too late!
Call selling agent DANIEL SCHOEMAN on 0417 824 769 for further information or a private inspection.
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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 Daniel Schoeman, RE/MAX Genesis — reproduced as published, not verified by Districts.