1/25-27 Reserve Road, Metung, VIC 3904 | Property Value & History | OnTheHouse
OFF MARKET

1/25-27 Reserve Road
Metung VIC 3904

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Land area: 884m2
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Property Details for 1/25-27 Reserve Rd, Metung

1/25-27 Reserve Rd, Metung is a 5 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 884m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Land Size
884m2
Local Government
East Gippsland
Lot/Plan
1/PS306492

Last Listing description (June 2022)

That real estate tag-line certainly fits the bill with this property! With arguably the best views of Bancroft Bay, overlooking the Metung Yacht Club, Marina, Bowls Club & Tennis Courts and being within a short stroll along the boardwalk to Metung Village, this fabulous property is sure to impress!

Renovated & refurbished, the residence has a lovely light interior with the living space flowing out to a fantastic large deck perfect for entertaining, relaxing and watching the yachts sail past. The well equipped kitchen is open to the spacious dining & living complete with reverse cycle air-conditioning for climate control and wood-fire heater for beautiful warmth in Winter. The living space looks out to the water views also opens to a private rear deck with bush views.

The large master bedroom is found on this level, featuring built-in robes and gorgeous ensuite with luxurious 'extra-long' bath & shower. A separate powder room for guests, plus laundry offers further convenience.

You will be amazed at the accommodation provided downstairs! Two separate wings - each with two more double bedrooms (built-in robes) and a bathroom. Yes, that is five large bedrooms in total, three bathrooms plus a powder room! As a holiday home, this gives flexibility as to how many guests you can cater for as you can lock off the end wing to reduce the accommodation. Two of the bedrooms open out to the lower deck. Downstairs also houses a walk-in linen press plus another storage room/wine cellar (fully insulated). Further features include new carpets & new timber-look vinyl plank flooring, ceiling fans, new electric hot water heater unit, double carport, storage shed, low maintenance grounds including sun bathing garden with outdoor shower.

Properties in this sought after position rarely come on the market! Imagine the lifestyle - wander into the village for your morning coffee...your boat in the Marina ready to explore the Gippsland Lakes...barefoot bowls or a game of tennis with friends...a round of golf at Kings Cove...a soak in the Metung Hot Springs...drinks at the Yacht Club after sailing...wander in to the Metung Hotel for dinner. If you are looking for the perfect holiday home/air-bnb or permanent home in an amazing position, then don't delay.

Property History for 1/25-27 Reserve Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$1,260,000
25 Jan 2023
Listed for Rent
$650/w
14 Jun 2022
  • 25 Jan 2023
    Sold for $1,260,000
  • 10 May 2022
    Listed for Rent $650 / week
  • 02 Mar 2022
    Listed for Sale $1,350,000
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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 2,172 properties. Over the last 5 years, Houses in Metung have seen a 42.77% increase in median value, while Units have seen a 50.56% increase. As at 31 December 2025:

  • The median value for Houses in Metung is $664,209 while the median value for Units is $416,938.
  • Houses have a median rent of $540 while Units have a median rent of $290.
There are currently 130 properties listed for sale, and 6 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Metung.

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Cotality Copyright and Legal Disclaimers about Property Data
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.