Situated in the Tambo Bluff Estate in Metung, close to Dolphin Lagoon, this generous allotment of approximately 1,170 sqm offers a great opportunity to secure a substantial parcel in one of East Gippsland's most desirable coastal communities.
Elevated in position, the block enjoys a commanding aspect and the potential for attractive outlooks, subject to design & council approval. The generous proportions provide flexibility for a spacious home, outdoor living areas, shedding (STCA), and landscaped surrounds.
The property comprises two separate titles, which will require consolidation together with an additional adjoining third block (also available for purchase) before a building permit can be issued. This presents a unique opportunity for buyers seeking an expansive holding or long-term development potential within the estate.
From this fabulous location, you can walk to the lake foreshore via the 100 Steps, or drive into Metung Village for cafe's, shops, boat ramp and jetties.
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:
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