Metung is a small village located on a peninsula separating Lake King and Bancroft Bay in the Gippsland Lakes. A century ago, city folk travelled by train and steamer to Metung to holiday in the beautiful natural surroundings. Metung has a long and continuing history of boats, good food, ale and wine, rolling hills, fresh air, crystal waters and relaxation.
You can enjoy all that Metung has to offer in your own holiday home for a lot less than you think.
On-site managers look after rental bookings, cleaning and maintenance, giving you peace of mind. Number five combines both investment and inexpensive holidays into one convenient package. The cabin is also fully furnished and inventoried. It has been recently repainted, new appliances and new flooring throughout and has a new shade sail. Just walk in and start enjoying.
PROPERTY FEATURES
Cathedral ceilings
Open plan kitchen/lounge/dining area leading to a large outdoor deck for alfresco dining
Electric BBQ
Dishwasher
42 inch TV
2 large queen-sized bedrooms each with built in robes
Each bedroom has its own en-suite and T.V.
All furniture, fittings and inventory - WIWO
Use of resort facilities, including a heated swimming pool and children's play area
Onsite parking for the car and boat
Substantial depreciation allowance. Freehold title meaning you own the land on which the cabin sits as well as the cabin itself
WHAT TO DO IN AND AROUND METUNG
Enjoy the water:
swimming, sailing, fishing, crabbing, boating, dolphin and whale watching, kayaking, water ski, stroll along the boardwalk.
Enjoy the natural environment:
cycling, picnicking, hiking, star gazing, horse riding, bird watching, rail trail, cultural trail, midday pelican feeding at the Metung Hotel, koala colony at Paynesville, country drives.
Enjoy the good life:
wineries, farm gates, waterfront hotel and cafs, boutique breweries, culinaire cooking school, local crafts and artisans, opera by the Lakes, visit local towns, galleries, boutique shops, museums, Metung Hot Springs.
Or simply do nothing much at all and relax on the deck with a good book.
Call Daniel on 0417 824 769 for a private viewing._________________________________________________________
Due Diligence Checklist
What you need to know before buying a residential property.Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).
*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.
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:
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