12B Banool Close, Metung, VIC 3904 | House for sale | OnTheHouse
 
FOR SALE
$590,000 - $640,000

12B Banool Close
Metung VIC 3904

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1454m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Two Titles in Metung Village – Lifestyle Meets Opportunity

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 m² allotment with space for gardens or future extensions.
12A Banool Close: a 743 m² 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 cafés, 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.
View Statement of Information

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. The place is currently for sale with Bill Wyndham & Company.

Building Type
House
Land Size
1454m2
Commute Calculator

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 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 43.00% increase in median value, while Units have seen a 54.83% increase. As at 31 October 2025:

  • The median value for Houses in Metung is $690,360 while the median value for Units is $399,288.
  • Houses have a median rent of $535 while Units have a median rent of $290.
There are currently 119 properties listed for sale, and 7 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 87 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
Al Orellana
Show contact details
Call agent
Bill Wyndham & Company
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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