FOR SALE
$379,000

1/28 Metung Road
Metung VIC 3904

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 580m2
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THE METUNG PEARL

Located on Shaving Point on the ground floor of the Bancroft Views apartment complex, this one bedroom 'Metung Pearl' apartment has gorgeous water views across the road to Lake King. The living area features a kitchenette and water views of Lake King. The bedroom also boasts a water view. Included is the use of a jetty berth on Bancroft Bay along with communal picnic table looking out over the beautiful bay and waterfront. The Metung Village is just moments away to enjoy the shops, cafe's and waterfront Metung Hotel. Footpaths & boardwalks link you to the boat ramp and lakeside beaches where you can enjoy fishing, swimming, boating and birdlife watching. Successful bnb accommodation promises return on investment.
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Property Details for 1/28 Metung Rd, Metung

1/28 Metung Rd, Metung is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 580m2. The place is currently for sale with King & Heath First National - METUNG.

Building Type
Unit
Land Size
580m2

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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 2011 was 1,221 people. By 2016 the population was 1,449 showing a population growth of 18.7% 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 professional occupation. In 2011, 77.8% of the homes in Metung were owner-occupied compared with 79.4% in 2016.

Metung has 2,179 properties. Over the last 5 years, Houses in Metung have seen a 63.73% increase in median value, while Units have seen a 52.02% increase. As at 30 November 2024:

  • The median value for Houses in Metung is $690,599 while the median value for Units is $388,549.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 130 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Metung.

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Ian Harrison
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King & Heath First National - METUNG
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