FOR SALE
$475,000

4 Bancroft Place
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1170m2
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POSITION PERFECT

Situated in an idyllic location with picturesque tree-lined views overlooking Bancroft Bay, this spacious elevated block spans over a quarter acre. Offering the perfect canvas for your dream home, it is nestled in a tranquil court surrounded by high-quality residences. Conveniently close to the boardwalk, you can enjoy leisurely lakeside walks into Metung Village and with easy access to the Metung Yacht Club, Bowls Club and tennis court, your future lifestyle here will be fabulous!
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Property Details for 4 Bancroft Pl, Metung

Building Type
Land
Land Size
1170m2

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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 2,178 properties. Over the last 5 years, Houses in Metung have seen a 64.70% increase in median value, while Units have seen a 41.82% increase. As at 31 October 2024:

  • The median value for Houses in Metung is $699,955 while the median value for Units is $381,139.
  • Houses have a median rent of $460 while Units have a median rent of $290.
There are currently 114 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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Richard O'Byrne
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King & Heath First National - METUNG
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.