28/44-48 Metung Road, Metung, VIC 3904 | Unit for sale | OnTheHouse
 
FOR SALE
$575,000

28/44-48 Metung Road
Metung VIC 3904

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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WATERFRONT BANCROFT BAY APARTMENT

Located at ground level within The Moorings at Metung resort, this beautifully presented Bancroft Bay Apartment offers a waterfront position with direct access from the private patio to the water's edge and jetty – ideal for guests wanting convenient access for boating and exploring the Gippsland Lakes.
Enjoy spectacular views across beautiful Bancroft Bay from the patio and the apartment's spacious open-plan living area. The ever-changing waterfront outlook provides the perfect setting to relax, watch the boats pass by, enjoy the morning sun, observe local birdlife, and perhaps spot seals or dolphins in the bay.
The apartment is presented in excellent condition and is offered fully furnished, featuring a comfortable open-plan living and dining area with heating/air-conditioning, a fully equipped kitchen, and quality inclusions throughout. It comprises two well-appointed bedrooms:
• Master retreat: Positioned at the rear of the apartment, the spacious master bedroom opens onto a sunny rear patio and includes a king-size bed, ensuite bathroom, built-in robes, and a bar fridge.
• Second bedroom: Includes built-in robes and flexible bedding options with either a king-size bed or two single beds.
Guests and owners can enjoy the impressive resort facilities, including indoor and outdoor heated swimming pools, a full-size tennis court, barbecue areas, and convenient jetty berths for boats. The apartment also includes an undercover car parking space on title.
The location provides easy access to the best of Metung Village, with the boardwalk, jetty, cafés, restaurants, boutique shops, the Village Green (home to the popular monthly market), and the renowned Metung Hotel all within walking distance. The Metung Hot Springs and Metung Country Club are also only a short drive away - a must visit during holidays.
With excellent onsite management available, this apartment provides an attractive opportunity to generate holiday rental income when not being used by owners. Whether you're seeking a private holiday base, a low-maintenance coastal investment, or a combination of both, this waterfront apartment represents an outstanding opportunity in one of East Gippsland's most popular holiday destinations.
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Property Details for 28/44-48 Metung Rd, Metung

28/44-48 Metung Rd, Metung is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with King & Heath First National - METUNG.

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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 2,176 properties. Over the last 5 years, Houses in Metung have seen a 17.95% increase in median value, while Units have seen a 16.40% increase. As at 31 August 2026:

  • The median value for Houses in Metung is $655,165 while the median value for Units is $405,845.
  • Houses have a median rent of $510 while Units have a median rent of $295.
There are currently 109 properties listed for sale, and 4 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 89 properties were sold in the past 12 months in Metung.

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Richard O'Byrne
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King & Heath First National - METUNG
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