Suburb Profile Report for Metung VIC (3904)

Metung House: Median price $360,000, Annual capital growth 3.60%, Number of sales 46, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Metung is in the TOP 30% in VIC when comparing median price capital growth over the last year. Metung gave property investors a good capital gain figure when compared to the rest of the state, with 12.94%.

Metung,3904 was ranked 1213 in Australia by increase in median property value over the quarter.

The most recent median price for Metung is $360000, with sellers offering an average of -12.64% off the asking price.

Property investors should expect to get $285 weekly from the median priced house in this suburb.

HOUSE UNIT
$360,000 N/A
2.13% N/A
12.94% N/A
3.60% N/A
$285 N/A
46 N/A
4.12% N/A
169.52 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Poor (H)
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Demographics
Total population 1221
Median household income ($/weekly) 873
Median age of persons 55
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 100 8.2
    35-44 years 115 9.4
    45-54 years 151 12.4
    55-64 years 267 21.9
    65-74 years 237 19.4
    Others 351 28.7
    Age Group
    Census Count Percent(%)
    Registered Married 542 61.1
    Not Married 237 26.7
    Defacto Relationship 108 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 965 82.9
    Greece 13 1.1
    Papua New Guinea 13 1.1
    United Kingdom 114 9.8
    Other 12 1.0
    Others 47 4.0
    Country of Birth
    Census Count Percent(%)
    Christianity 727 67.4
    No Religion 343 31.8
    Buddhism 6 0.6
    Other Religious Groups 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 71 16.8
    $600-$799 59 14.0
    $800-$999 49 11.6
    $1,000-$1,249 45 10.7
    $2,000-$2,499 36 8.5
    Others 162 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 478 47.9
    Employed, worked full-time 257 25.8
    Employed, worked part-time 204 20.5
    Employed, away from work 32 3.2
    Unemployed, looking for work 26 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 81 16.3
    Professionals 85 17.1
    Technicians & trades workers 86 17.3
    Community & personal service workers 66 13.3
    Clerical & administrative workers 63 12.7
    Others 116 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 16 8.4
    Infants/Primary 68 35.6
    Secondary 58 30.4
    Technical or Further Educational Institution 31 16.2
    University or other Tertiary Institutions 14 7.3
    Others 4 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1020 97.4
    Flat, unit or apartment 9 0.9
    House or flat attached to a shop, office 8 0.8
    Semi-detached, row or terrace house, townhouse 7 0.7
    Caravan, cabin, houseboat 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 258 53.8
    Being purchased 125 26.0
    Rented 94 19.6
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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