1/28 Metung RoadMetung VIC 3904
Property Details for 1/28 Metung Rd, Metung
1/28 Metung Rd, Metung is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 577m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (February 2026)
Set within the popular Bancroft Views complex, this ground-floor apartment delivers effortless waterfront living in the heart of Metung. 'Metung Pearl' is a light-filled 1 bedroom, 1 bathroom residence which is perfectly positioned to capture uninterrupted views across Lake King, with the water visible from both the lounge and the bedroom, creating a relaxed holiday feel year-round.
Located just steps from the shoreline, the apartment places you right in the centre of Metung's laid-back coastal lifestyle. Spend your mornings walking along the foreshore, launch a boat from the Shaving Point boat ramp, or enjoy exclusive use of the communal jetty on Bancroft Bay. Metung Village is only a short walk away, offering an easy choice of cafs, boutique stores and the well-known Metung Hotel overlooking the marina.
Surrounded by scenic paths, boardwalks and peaceful picnic spots, the area invites swimming, fishing or simply taking in the natural beauty of the Gippsland Lakes. Professionally managed by Holiday Makers and currently achieving consistent returns, this property suits buyers seeking a low-maintenance getaway, an income-producing investment, or a combination of both in a waterfront location.
For more information, or to arrange an inspection, please call East Gippsland Real Estate on 03 5155 2555 today!
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 1/28 Metung Rd, Metung, VIC 3904
- 02 May 2025Listed for Sale $345,000
- 22 Oct 2024Listed for Sale $369,000
- 14 Dec 2021Sold for $340,000
Recent sales nearby
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0About 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 2,175 properties. Over the last 5 years, Houses in Metung have seen a 26.78% increase in median value, while Units have seen a 35.65% increase. As at 28 February 2026:
- The median value for Houses in Metung is $618,525 while the median value for Units is $396,838.
- Houses have a median rent of $515 while Units have a median rent of $290.
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