5 Lake GroveMetung VIC 3904
Property Details for 5 Lake Gr, Metung
5 Lake Gr, Metung is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 976m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (June 2025)
Explore the epitome of coastal living with this 2-bedroom home nestled in a convenient corner location. Boasting water views, this residence offers a front-row seat to watch boats gracefully sail by.
The interior features a thoughtfully designed open plan living and dining area seamlessly connected to a fully equipped kitchen. Sliding doors lead to a charming deck, creating the perfect space for outdoor relaxation. The large bedrooms, complete with spacious robes, ensure comfort and functionality.
Beyond its current charm, the property presents a unique opportunity for potential subdivision (STCA), adding an extra layer of investment potential. Currently, a long-term tenant contributes to its appeal, offering a stable income of $330.00 per week.
Convenience is key, with a short stroll leading to the heart of Metung village, pristine beaches, and the rejuvenating Metung Hot Springs.
Whether you're looking for a picturesque home or a strategic investment, this property captures the essence of coastal living with its neat and tidy presentation, water views, and promising prospects.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 5 Lake Gr, Metung, VIC 3904
- 26 Nov 2024Sold for $525,000
- 19 Dec 2023Listed for Sale $545,000
- 16 Sep 2019Listed for Rent $280 / week
Recent sales nearby
See more recent sales nearby/assets/perm/lqlltof6sai6necufp47ikcs5a?signature=d1bfef420f57af429100ddfed80b0ad1fbd27e016698a4e07f873a1669031b3a){kind=logo}
0/assets/perm/qgm2zkrj3qi65icwkw3wln4oh4?signature=fd13fa07385cf600018ae243956a9298f02595ad360af157815a55ebff44ff9a){kind=logo}
0
/assets/perm/bn4d6nujoui6vifh2wtiqww2ra?signature=e503ff4388d703fe1cde34256d430ac69dc25e79036af06d3dc38eaf27b25588){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 2,170 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.
Suburb Insights for Metung 3904
Market Insights
Metung Trends for Houses
N/A
N/A
View TrendN/A
N/A
Metung Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
