27/1 Mairburn Road, Metung, VIC 3904 sold on 08 April 2025 | OnTheHouse
SOLD
Sold on 08 Apr 2025 for $95,500

27/1 Mairburn Road
Metung VIC 3904

Bedrooms: 1
Bathrooms: 6
Car spaces: -
Land area: 156m2
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Property Details for 27/1 Mairburn Rd, Metung

27/1 Mairburn Rd, Metung is a 1 bedroom, 6 bathroom Unit and was built in 2005. The property has a land size of 156m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 1 bedroom Unit sold in Metung in the last 12 months.

Building Type
Unit
Year Built
2005
Land Size
156m2
Local Government
East Gippsland
Lot/Plan
27/PS528623

Last Listing description (November 2024)

Have you been looking for a great investment opportunity to own a few holiday villas in the heart of Metung, where every day feels like a resort-style vacation? Then this one is for you. This sale includes six two-bedroom, one-bath holiday villas. Villas 27/28/29/30/31, and 32 are being sold as a package deal at an incredibly good price. These villas have averaged a net ROI of 5% to 10% in the past few years.

Each villa is in excellent condition; the ultimate lifestyle package combines land, a stunning villa, and fully furnished interiors for your convenience. Each villa has its tile and is freehold, not leasehold.

These beautifully designed two-bedroom villas are your ticket to a world of leisure. Nestled in the vibrant community of Metung, you'll have endless boating, fishing, swimming, and water sports opportunities. And guess what? The waterfront hotel, cozy cafes, and charming boardwalks are just a short stroll away, making every day an adventure.

But that's not all! Each Villa is not just a holiday retreat for your own use; it's an investment, too. Here's what you'll get:

Each Villa 27/28/29/30/31 and 32 Presents:
* Spacious kitchen, lounge, and dining area that opens up to a generous balcony
* Comfortable main bedroom with built-in robes
* Second bedroom with built-in robes
* Central bathroom with a separate toilet
* Modern split systems and ceiling fans throughout for your comfort
* Access to incredible resort facilities, including a heated swimming pool and a fun-filled children's play area
* Substantial depreciation allowance for tax benefits
* Strata title ownership with a management rights contract, offering a strong gross yield

Worried about the hassle of property management? Don't be! With our on-site management agreement, they take care of everything, from bookings to cleaning and maintenance. Your investment will not only be well-maintained but also has the potential to generate income.

The Metung Holiday Villa grounds boast a heated swimming pool, BBQ areas, picnic spots, and a playground - perfect for quality time with family and friends. Plus, you can even share this fantastic property with another family, creating a unique syndicate arrangement.

Opportunities like this sought-after location are rare and in high demand. Don't miss out on making your dream lifestyle a reality - act fast, as this gem won't stay on the market for long!

Call DANIEL SCHOEMAN on 0417 824 769 for a private viewing.
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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; you may need 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.

Property History for 27/1 Mairburn Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$95,500
08 Apr 2025
  • 08 Apr 2025
    Sold for $95,500
  • 01 Nov 2024
    Listed for Sale $525,000
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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 2,171 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 129 properties listed for sale, and 8 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Metung.

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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.