50 Mairburn Road, Metung, VIC 3904 | Property Value & History | OnTheHouse
OFF MARKET

50 Mairburn Road
Metung VIC 3904

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 1679m2
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Property Details for 50 Mairburn Rd, Metung

50 Mairburn Rd, Metung is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1679m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1990
Floor Size
105m2
Land Size
1679m2
Local Government
East Gippsland
Lot/Plan
1/PS509100

Last Listing description (July 2025)

Nestled on the tranquil shores of Lake King in Metung, this unique dual-occupancy property offers an unparalleled opportunity to enjoy stunning waterfront living with breathtaking sunset views.

Featuring two separate homes on a single title, this property combines versatility, charm, and income potential.

Front Home:

The front residence boasts timber cathedral ceilings and large windows, perfectly framing the serene lake views. This two-bedroom home features:
A spacious upstairs main bedroom with a private retreat overlooking Lake King.
Expansive living areas filled with natural light.
A modern kitchen and central bathroom and 2nd bedroom.
Laundry facilities and an inviting outdoor deck ideal for entertaining or simply soaking in the views.

Rear Home:
The rear home is a cozy, fully furnished one-bedroom retreat with water views, offering:
An open-plan kitchen and living area downstairs also with beautiful high ceilings.
A private upstairs master suite complete with an ensuite and a retreat space.
Outdoor spa for relaxation under the stars.

Additional Features:
Double lock-up garage for secure parking and storage.
Both homes are currently leased, returning approximately $720.00 per week, making this an excellent investment opportunity.
A short stroll into Metung Village, where you can enjoy the charm of the Metung Hotel, boutique shops, and vibrant local amenities.

Perfect for investors, extended families, or those seeking a holiday haven with income potential, this dual-occupancy property combines the best of lakeside living with convenience and flexibility.

Don't miss this rare opportunityenjoy the beauty of Lake King and all that Metung has to offer.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 50 Mairburn Rd, Metung, VIC 3904

A timeline of how this property has performed in the market
Last Sold
$575,000
06 Jun 2017
Listed for Rent
$330/w
30 Dec 2023
  • 23 Jan 2025
    Listed for Sale $810,000
  • 29 Dec 2023
    Listed for Rent $330 / week
  • 12 Sep 2022
    Listed for Rent $370 / week
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About 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 2,171 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:

  • The median value for Houses in Metung is $673,664 while the median value for Units is $409,141.
  • Houses have a median rent of $550 while Units have a median rent of $290.
There are currently 129 properties listed for sale, and 8 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.