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AREA REPORTS

Metung

Suburb Profile

Metung - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3904

house
unit

Figures from the previous quarter show that capital gains for real estate buyers in METUNG are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

On average, rents on listings have reached the $300 mark, reflecting a 3.8% increase in returns based on the current median price in METUNG.

METUNG, 3904 ranks th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 190th on the list of best yielding suburbs for rental properties in VIC, posting a 3.8% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $410,000 $215,000
GROWTH REPORT
Median Quarterly -3.53% N/A
Median 12 month 0% N/A
Median 3 years 13.89% N/A
Median 5 years 38.4% N/A
10 years average annual 5.49% N/A
Weekly media advert. rent $300 N/A
Time on Market 153.7 days 0.0 days
Gross Rental Yield Percent 3.8% N/A
demographics (median values)
Total Population
1204
Weekly Household Income
716.9
Household Size
2.20
demographics
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