37 Reserve RoadMetung VIC 3904
Property Details for 37 Reserve Rd, Metung
37 Reserve Rd, Metung is a 0 bedroom, 0 bathroom House. The property has a land size of 765m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (February 2026)
Offering one of the few remaining allotments with genuine Bancroft Bay water views, this 765m undulating block provides an exceptional chance to build in a tightly held pocket just a short walk from the heart of Metung.
With approved plans and a permit already in place for a beautifully designed three-bedroom residence, which is positioned to maximise the stunning vista, much of the hard work has already been done.
Perfectly located, the property sits opposite the Metung Bowls Club, tennis courts and Metung Yacht Club, making it ideal for those who value lifestyle, leisure and convenience.
Services are available for connection, enhancing the ease of development.
An affordable and well-located parcel of land, this is a rare opportunity to secure exceptional views and a premium address ready for your dream home or next investment.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 37 Reserve Rd, Metung, VIC 3904
- 07 Dec 2025Listed for Sale $319,000
- 03 May 2016Sold for $95,000
- 03 Nov 2012Listed for Sale $175,000
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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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