Metung, VIC 3904
Compare Part of East Gippsland
253.58 km
Distance from Melbourne CBD
1 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $287,000 | 0.0% | $80,000 | $775,000 | 34 |
| 2010 | $360,000 | +20.3% | $103,500 | $1,910,000 | 39 |
| 2011 | $465,000 | +22.6% | $193,000 | $1,910,000 | 29 |
| 2012 | $345,000 | -34.8% | $140,000 | $1,200,000 | 27 |
| 2013 | $340,000 | -1.5% | $190,000 | $2,000,000 | 63 |
| 2014 | $380,000 | +10.5% | $72,000 | $920,000 | 33 |
| 2015 | $360,000 | -5.6% | $125,000 | $775,000 | 52 |
| 2016 | $460,000 | +21.7% | $202,000 | $2,075,000 | 59 |
| 2017 | $410,000 | -12.2% | $196,000 | $2,800,000 | 57 |
| 2018 | $415,000 | +1.2% | $192,500 | $1,250,000 | 60 |
| 2019 | $490,000 | +15.3% | $211,000 | $1,490,000 | 41 |
| 2020 | $485,000 | -1.0% | $235,000 | $1,900,000 | 56 |
| 2021 | $600,000 | +19.2% | $273,000 | $1,250,000 | 69 |
| 2022 | $785,000 | +23.6% | $415,000 | $2,500,000 | 48 |
| 2023 | $850,000 | +7.6% | $525,000 | $1,650,000 | 32 |
| 2024 | $1,068,000 | +20.4% | $1,068,000 | $1,068,000 | 10 |
Median Sale Price
$850K
Based on 34 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
+5.3%
Current Median Price: $850,000
Previous Median Price: $805,000
Based on 74 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $270 | 0.0% | $195 | $350 | 8 |
| 2012 | $300 | +10.0% | $195 | $400 | 29 |
| 2013 | $310 | +3.2% | $145 | $500 | 44 |
| 2014 | $330 | +6.1% | $240 | $450 | 22 |
| 2015 | $310 | -6.5% | $190 | $500 | 41 |
| 2016 | $325 | +4.6% | $260 | $380 | 19 |
| 2017 | $350 | +7.1% | $200 | $600 | 25 |
| 2018 | $330 | -6.1% | $200 | $400 | 26 |
| 2019 | $330 | 0.0% | $230 | $450 | 27 |
| 2020 | $370 | +10.8% | $275 | $1,250 | 36 |
| 2021 | $400 | +7.5% | $230 | $1,516 | 27 |
| 2022 | $480 | +16.7% | $340 | $750 | 35 |
| 2023 | $480 | 0.0% | $230 | $650 | 44 |
| 2024 | $520 | +7.7% | $330 | $650 | 12 |
Median Rent Price
$495
per week
Based on 38 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+3.0%
Current Median Rent: $495
Previous Median Rent: $480
Based on 83 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $850,000
Current Median rent: $495
Based on 72 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Metung, VIC 3904
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Metung Primary School | STIRLING ROADMetung 3904 | Primary | Government | 0.32 km |