41 The Terrace, Metung, VIC 3904 | Property Value & History | OnTheHouse
OFF MARKET

41 The Terrace
Metung VIC 3904

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 4232m2
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Last updated 7 Apr 2025
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Property Details for 41 The Terrace, Metung

Building Type
Rural
Land Size
4232m2
Local Government
East Gippsland
Lot/Plan
24/PS509111

Last Listing description (June 2025)

Nestled on just over an acre at the end of a quiet court with frontage to the Metung Country Club Golf Course, this as-new home offers the perfect blend of luxury and tranquillity. The beautifully landscaped gardens feature spectacular roses, providing a stunning setting for this immaculate residence.

The spacious open-plan living and dining area is an inviting light-filled space for everyday living, featuring a cosy combustion wood heater, reverse cycle air conditioning, and sweeping views of the garden and golf course. Large windows and doors open directly to the north-facing undercover alfresco and barbecue area, ideal for entertaining in style.

The superb kitchen is a cook's delight, with stainless steel appliances including a double wall oven, sleek electric cooktop, and dishwasher. The breakfast bench and walk-in pantry offer convenience and functionality, with easy access to both the laundry and double garage.

A separate lounge provides a welcoming retreat to relax and enjoy a movie, while the four bedrooms ensure ample accommodation. The generous master suite boasts a walk-in robe and ensuite, and the additional bedrooms all feature built-in robes. The family bathroom and separate powder room offer added practicality.

For those needing extra storage or workspace, the property includes excellent shedding (15 x 7.5m) with power, concrete floor, double roller door access, and a separate workshop. Other standout features include double-glazed windows, quality carpets, a 22,000-litre water tank, a 22-panel solar system, and a hardwired transfer switch for generator power. Direct gate access to the 7th hole of the golf course adds to the appeal.

Located in The Terrace, one of the most prestigious streets in Kings Cove, you'll enjoy the benefits of a relaxed lifestyle. Play a round of golf at your leisure, enjoy lunch or drinks at the Clubhouse, or unwind at the nearby Metung Hot Springs. For those who love the water, the Gippsland Lakes are also close by, perfect for boating and fishing adventures.

This perfectly maintained property offers an enviable lifestyle in a coveted location - an inspection is sure to impress!

Property History for 41 The Terrace, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$920,000
06 Mar 2025
  • 06 Mar 2025
    Sold for $920,000
  • 25 Oct 2024
    Listed for Sale $960,000
  • 21 Dec 2016
    Sold for $155,000
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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 2,175 properties. Over the last 5 years, Houses in Metung have seen a 26.78% increase in median value, while Units have seen a 35.65% increase. As at 28 February 2026:

  • The median value for Houses in Metung is $618,525 while the median value for Units is $396,838.
  • Houses have a median rent of $515 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, 77 properties were sold in the past 12 months in Metung.

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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.