1 Bancroft Place, Metung, VIC 3904 | Land for sale | OnTheHouse
FOR SALE
$550,000

1 Bancroft Place
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1485m2
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PRIME BLOCK WITH BANCROFT BAY VIEWS

Positioned in a peaceful cul-de-sac, this generous 1,484 square metre block offers an exceptional opportunity to build your dream coastal home in one of Metung's most sought-after locations. With elevated views across beautiful Bancroft Bay, you'll enjoy a stunning outlook and a relaxed lifestyle just moments from the water.
Located only a short stroll from the Metung Village cafes, shops, and the scenic boardwalk, this property combines the tranquility of a private setting with the convenience of nearby amenities. Ample space allows for versatile design options - whether you envision a permanent residence, a holiday escape, or a savvy investment.
Key features:
• Large 1,484m² allotment in a quiet, established cul-de-sac
• Lovely views over Bancroft Bay
• Within easy walking distance to Metung Village and the boardwalk
• Surrounded by quality homes and natural beauty
• Ideal for building your dream coastal retreat
Enjoy the charm, lifestyle, and natural serenity that make Metung one of Gippsland Lakes' most desirable destinations.
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Property Details for 1 Bancroft Pl, Metung

Building Type
Land
Land Size
1485m2
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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. There are 7 parks, covering nearly 1.7% of the total area. The population of Metung in 2016 was 1449 people. By 2021 the population was 1899 showing a population growth of 31.1% 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 managers occupation.In 2021, 81.80% of the homes in Metung were owner-occupied compared with 79.40% in 2016.

Metung has 2,177 properties. Over the last 5 years, Houses in Metung have seen a 23.81% increase in median value, while Units have seen a 37.38% increase. As at 30 June 2026:

  • The median value for Houses in Metung is $663,573 while the median value for Units is $429,458.
  • Houses have a median rent of $515 while Units have a median rent of $295.
There are currently 122 properties listed for sale, and 7 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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Ian Harrison
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King & Heath First National - METUNG
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.