1 Grassby Rise, Metung, VIC 3904 | Land for sale | OnTheHouse
 
FOR SALE
New Price $229,000

1 Grassby Rise
Metung VIC 3904

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 865m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Prestigious Corner Block in Metung's Premier Estate

Situated in one of Metung's most prestigious enclaves, this expansive 867m² (approx.) corner block presents a rare opportunity to craft the lifestyle you've always envisioned- whether that's a permanent coastal residence, a luxurious holiday escape, or a smart investment in a sought-after area. Welcome to 1 Grassby Rise, Metung. This block is also known as Subdivision 'The Wedge' - Lot 103 / King's Cove Boulevard.
Positioned on a prominent corner, this block offers exceptional flexibility with the ideal setup for building a large shed and creating a second driveway or separate access-perfect for those seeking extra storage, workshop space, or privacy.
Located just moments from the exclusive Metung Country Club and the world-class Metung Hot Springs, this property blends wellness, leisure, and natural charm. Golf enthusiasts will love being close to the scenic Kings Cove Golf Club, a picturesque nine-hole public course only 500 metres from the hot springs.
Explore direct access to stunning walking trails that lead to Lake King and the Beaches Marina, or enjoy a relaxed walk along Beach Road into Metung Village-home to boutique shops, welcoming cafés, and the iconic Metung Hotel overlooking the water.
Nestled along the admired Kings Cove Boulevard, this peaceful yet well-connected location is framed by nature and supported by high-quality neighbouring homes, thanks to building covenants that protect your investment. Titles have been released, so you can begin building your dream home without delay.
Whether you're planning a tranquil weekend retreat or a forever home by the coast, this exceptional allotment offers the ultimate blank canvas in a lifestyle-rich setting.
Call selling agent DANIEL SCHOEMAN on 0417 824 769 for further information.
_____________________________________________________________________________
Due Diligence Checklist:
What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only, and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).
View Statement of Information

Property Details for 1 Grassby Rise, Metung

Building Type
Land
Land Size
865m2
Commute Calculator

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 2,173 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 116 properties listed for sale, and 7 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 79 properties were sold in the past 12 months in Metung.

Metung Profile Page

Suburb Insights for Metung 3904

Visit Metung profile page
Market Insights
Metung Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Metung Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Metung profile page
Contact agent
agent headshot
Daniel Schoeman
Show contact details
Call agent
agent headshot
Emile Van Den Berg
Show contact details
Call agent
REMAX Genesis
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED