2 Highview Rise

Metung VIC 3904

5177 m²

House

Last sold for $585,000

Richard O'Byrne, last sold this property on 15 July 2026 after 139 days on market.

Overview

OUTSTANDING INVESTMENT OPPORTUNITY

This outstanding property offers a rare dual-income opportunity, comprising a spacious family home plus a separate cottage, all set on approximately 5,177m² (just over an acre). With both residences currently tenanted, it represents a strong and secure investment with immediate rental return. The main brick residence features a generous open plan living area complete with a cosy pot belly heater, reverse cycle heating and cooling, and ceiling fan for year-round comfort. The galley-style kitchen adjoins a meals area and opens via sliding doors to a verandah overlooking native bushland, enhanced by beautiful mature gum trees. Accommodation includes three carpeted bedrooms with built-in robes, a separate study, a family bathroom with shower, bath and vanity, plus a dedicated laundry. A double carport services the home. The house has been tenanted long term, further highlighting its appeal as a reliable investment. The separate Western Red Cedar clad cottage is also currently tenanted with lease in place until November. It offers comfortable open plan living with reverse cycle air conditioning, a kitchenette, space for laundry facilities, two bedrooms, a bathroom, and a single carport. The property also features a garden shed, orchard, water tank and town water connection. Ideally located close to Metung Primary School and within walking distance to Metung Village, this is an exceptional opportunity for investors seeking dual rental income in a highly sought-after location. Inspection strictly by advance appointment only.

Features

5 bedrooms

2 bathrooms

5 carspaces

3 carport spaces

2 open car spaces

5177 m² lot size

House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Metung over the last 12 months, the estimated median property value of 2 Highview Rise is $923k.

Median value

$923k

Estimated value range

$585k - $1.39m

Median days on market

Estimated value trend

156%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Metung. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Highview Rise

2026

Sold

$585,000

15 Jul 2026 by Richard O'Byrne, of King & Heath First National Metung

2022

Sold

Undisclosed

06 Feb 2022 by Richard O'Byrne, of King & Heath First National Metung

2019

Sold

Undisclosed

Private Sale/Treaty on 25 Mar 2019 by Richard O'Byrne, of King & Heath First National Metung

Happy sellers in Metung

We have insufficient information to provide an overview of customer satisfaction for Metung. Viewing the agent profiles, reviews and sales for Metung can provide insights for this location.