Property value increases in Metung have tracked just higher than the VIC average of 8.06% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Metung comes in at number 654th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in Metung itself are offering an average vendor discount of -15.79% to real estate investors.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.38%, without taking into account capital value appreciation, which has been averaging out at 3.91%.