51 Stirling Road, Metung VIC 3904

51 Stirling Road, Metung VIC 3904
8-bed unit block | 897m² lot | 8-car parking | Rare large-scale investment|This eight-bedroom unit block on an 897sqm lot suits investors or groups seeking holiday accommodation near Metung Primary School just 0.5km away. The property’s substantial land holding and self-contained four-unit configuration provide versatile options for income generation or multi-family use in a coastal setting. Its scale sets it apart on Stirling Road, where most homes are smaller family dwellings, positioning it as a standout for buyers needing capacity for extended groups. Investors familiar with holiday rentals in Metung are typically drawn to such setups, given the area’s seasonal visitor demand. Similar unit blocks here have shown steady performance, with the last local sale in 2021 reflecting resilience amid tourism fluctuations. The generous parking for eight vehicles addresses a key practical need in visitor-heavy locations, enhancing operational appeal. Proximity to both primary schooling and secondary options 13km distant adds to its family holiday viability without compromising investment logic. Over time, the block’s size and income potential underpin holding value, as Metung’s limited large lots resist oversupply pressures. This combination fosters enduring market position for patient owners.

Market Insight:

Metung is a premium lakeside township within the Gippsland Lakes region attracting lifestyle buyers and retirees. Property prices are elevated compared with nearby towns due to waterfront living and marina facilities. Demand is driven by holiday-home buyers and boating enthusiasts. Scenic landscapes and tourism support the housing market.

PropCred Estimated Value

Bedrooms

8

Bathroom

4

Parking

8

Land

897m²

Built

Recent Assessments