12B Banool CloseMetung VIC 3904
Property Details for 12b Banool Cl, Metung
12b Banool Cl, Metung is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1454m2. While the property is not currently for sale or for rent, it was last sold in July 2013.
Last Listing description (May 2026)
Positioned right in the heart of Metung Village, this rare dual title offering combines lifestyle and investment potential in one of East Gippsland's most desirable locations. Together, 12A and 12B Banool Close present an exceptional chance to secure two adjoining properties with endless possibilities.
12B Banool Close: a charming two-bedroom, one-bathroom home, separate living and kitchen areas, a welcoming covered deck perfect for relaxing or entertaining, set on a 711 m allotment with space for gardens or future extensions.
12A Banool Close: a 743 m vacant block a blank canvas for your dream builds, guest accommodation, or a multi-dwelling retreat, keep it as extra land for privacy or unlock its development potential.
From this prime position, you can stroll to Metung's waterfront cafs, boutique shops, and boating facilities; minutes to the luxurious Metung Hot Springs and Metung Golf Club and enjoy the Gippsland Lakes with endless opportunities for fishing, sailing, and nature walks.
Whether you're looking for a serene permanent residence, a holiday escape, or a savvy investment, this dual-title package delivers flexibility and growth in a premium coastal setting.
Property History for 12b Banool Cl, Metung, VIC 3904
- 30 Oct 2025Listed for Sale $590,000 - $640,000
- 10 Jul 2013Sold for $50,000
Recent sales nearby
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0About 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 2,168 properties. Over the last 5 years, Houses in Metung have seen a 24.15% increase in median value, while Units have seen a 41.98% increase. As at 31 May 2026:
- The median value for Houses in Metung is $647,338 while the median value for Units is $422,063.
- Houses have a median rent of $513 while Units have a median rent of $295.
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