10 Hugh Street, Metung, VIC 3904 | Property Value & History | OnTheHouse
OFF MARKET

10 Hugh Street
Metung VIC 3904

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 705m2
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Property Details for 10 Hugh St, Metung

10 Hugh St, Metung is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 705m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2006.

Building Type
House
Floor Size
94m2
Land Size
705m2
Local Government
East Gippsland
Lot/Plan
36/LP51795

Last Listing description (June 2025)

Here on Hugh Street in Metung is a great opportunity to jump into the short term or long-term rental investment market, or alternatively just enjoy the opportunity of permanent occupancy of this two-bedroom coastal cottage if it ticks the necessary boxes for your peaceful enjoyment.

Comprising of two bedrooms with a shared bathroom laundry, a neat kitchen, dining, and light filled living area boasting a split system for heating and cooling, the home is set back in the block and secures some water glimpses of Lake King from the undercover deck, and some district scenery from the rear veranda. There is a single car carport attached to the home providing undercover access to the front door, and a garden shed for storage.

Currently returning a healthy yield on short term stays the home is available either vacant possession if required, or alternatively left in the system to generate an immediate return on the investment. Potential to build on or up STCA could take this little beauty to another level.

Hugh Street is an easy drive along a sealed road down to the waterfront, or simply walk along Beach Road running parallel to Lake King to get to the heart of the Metung village.

Metung itself is often referred to as the 'Jewel in the Crown" of the fabulous Gippsland Lakes. It is a village replete with cafes and quirky shops as well as a well-stocked general store and the famous Metung Hotel where you can enjoy a meal overlooking the boats and lake.

Inspections strictly by appointment for qualified buyers.
All enquiry contact Michael Enever 0458 272 797.

Property History for 10 Hugh St, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$230,000
09 Nov 2006
Listed for Rent
$171/w
29 Nov 2006
  • 17 Apr 2025
    Listed for Sale $415,000
  • 13 Nov 2024
    Listed for Sale $449,000
  • 08 Aug 2024
    Listed for Sale $475,000
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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of total area. The population of Metung in 2016 was 1449 people. By 2021 the population was 1899 showing a population growth of 31.1% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a managers occupation.In 2021, 81.80% of the homes in Metung were owner-occupied compared with 79.40% in 2016.

Metung has 2,168 properties. Over the last 5 years, Houses in Metung have seen a 43.49% increase in median value, while Units have seen a 58.20% increase. As at 30 November 2025:

  • The median value for Houses in Metung is $673,664 while the median value for Units is $409,141.
  • Houses have a median rent of $550 while Units have a median rent of $290.
There are currently 119 properties listed for sale, and 7 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.