3/2-18 Nicholas Avenue, Metung, VIC 3904 | Property Value & History | OnTheHouse
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3/2-18 Nicholas Avenue
Metung VIC 3904

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 136m2
Land area: 363m2
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Property Details for 3/2-18 Nicholas Ave, Metung

3/2-18 Nicholas Ave, Metung is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 363m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
Unit
Year Built
1991
Floor Size
136m2
Land Size
363m2
Local Government
East Gippsland
Lot/Plan
3/PS300796

Last Listing description (October 2014)

ACACIA EDGEWATER TERRACE
Edgewater Terrace is a popular destination of many a weary stressed city dweller - and what a destination! Located just across the road from tranquil Chinamans Creek, just a short scenic stroll along the boardwalk on Bancroft Bay to the picturesque village of Metung. Acacia is a three bedroom, two storey chalet style holiday villa offered for sale on a walk in-walk out basis, the immaculate resort grounds include two outdoor pools, indoor spa, BBQ areas and childrens playground. The recent addition of a fourteen berth marina enhances this highly recommended lifestyle investment.

Property History for 3/2-18 Nicholas Ave, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$245,000
15 Oct 2014
  • 15 Oct 2014
    Sold for $245,000
  • 15 Jun 2012
    Listed for Sale $340,000
  • 17 Jan 2002
    Sold for $220,000
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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 2,169 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 121 properties listed for sale, and 7 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 87 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.