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.
Wake up to shimmering water views and the gentle charm of lakeside living in this beautifully positioned ground-floor apartment at Bancroft Views, Metung. Aptly named Metung Pearl, this one-bedroom retreat offers a front-row seat to the sparkling expanse of Lake King - visible from both the living space and bedroom.
Just across the road from the lake, the apartment provides direct access to the serene lifestyle Metung is known for. Step outside to enjoy the communal jetty berth on Bancroft Bay or relax with a picnic overlooking the water. With the village just a short stroll away, you're never far from boutique shops, waterfront cafes, and the iconic Metung Hotel.
Scenic footpaths and boardwalks connect you to the boat ramp, lakeside beaches, and tranquil spots ideal for fishing, swimming, or simply watching the birdlife drift by. Currently generating a strong return through holiday bookings, this apartment is not only a peaceful escape but a proven performer.
Whether you're seeking a personal getaway or a smart investment, Metung Pearl is a rare find in a truly special setting.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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 2,171 properties. Over the last 5 years, Houses in Metung have seen a 43.49% increase in median value, while Units have seen a 58.20% increase. As at 30 November 2025:
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