4 Elm Grove, Metung, VIC 3904 | Property Value & History | OnTheHouse
OFF MARKET

4 Elm Grove
Metung VIC 3904

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 81m2
Land area: 1166m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Sep 2026
Low

High
Save

Property Details for 4 Elm Gr, Metung

4 Elm Gr, Metung is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 1166m2 and floor size of 81m2.

Building Type
House
Year Built
1960
Floor Size
81m2
Land Size
1166m2
Local Government
East Gippsland
Lot/Plan
PC377590

Last Listing description (August 2026)

There are not many if any houses available in locations like this, for prices this low.
Proximity to Metung Hot Springs and Lake King and distant views across the reserve to Lake King make this a great opportunity to get into the right spot for a an amazing price.
Set on a large flat block of 1172m2 with three bedrooms and one bathroom, and separate toilet.

The large park to the front is reserve, set aside from development by the council.
There are limited views to Lake King through the reserve.
The nature walks through gullies and along the lake in this estate are second to none in East Gippsland, with echidnas, Swamp wallabies, white bellied sea eagles, wedge tailed eagles, friendly magpies, wombats, rosellas, lorikeets, king parrots, sulphur crested cockatoos, black cockatoos, galahs, all amongst your neighbours.
Metung Hot Springs is also just a short walk away and with four stages yet to be completed but works well underway, Air BnB opportunities will definitely be an option for any savvy owner.
The small courtyard to the east has a cool rustic vibe and is a great place to sit around a fire and entertain.
There is plenty of room on this block to build a large garage or granny flat.
Many of the homes in this estate were built on consolidations of 2 lots or more, as was this.
For that reason the house was set to one side, to allow the possibility of future subdivision.
The current owner will remove all items in the yard prior to handover.
Polished timber floor throughout, tiled bathroom and toilet in probably need of an update.
But at this price, and with no properties between you and the lake 150 metres away, it's more than worth it.

The Phone Code for this property is: 58514. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 4 Elm Gr, Metung, VIC 3904

A timeline of how this property has performed in the market
  • 08 May 2025
    Listed for Sale $449,000
  • 09 Jan 2025
    Listed for Sale $515,000
  • 10 Jun 2021
    Listed for Sale $399,000
Sign in to see more transactions
Commute Calculator

About Metung 3904

The size of Metung is approximately 27.7 square kilometres. There are 7 parks, covering nearly 1.7% of the 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 2,180 properties. Over the last 5 years, Houses in Metung have seen a 17.95% increase in median value, while Units have seen a 16.40% increase. As at 31 August 2026:

  • The median value for Houses in Metung is $655,165 while the median value for Units is $405,845.
  • Houses have a median rent of $510 while Units have a median rent of $295.
There are currently 111 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

Market Insights
Metung Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Metung Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.