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1/28 Metung Road, Metung$320,000
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1/28 Metung Road

Metung, VIC 3904, Australia
$320,000
1 bed 1 bath 1 car

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About this property

Set within the popular Bancroft Views complex, this ground-floor apartment delivers effortless waterfront living in the heart of Metung. 'Metung Pearl' is a light-filled 1 bedroom, 1 bathroom residence which is perfectly positioned to capture uninterrupted views across Lake King, with the water visible from both the lounge and the bedroom, creating a relaxed holiday feel year-round. Located just steps from the shoreline, the apartment places you right in the centre of Metung's laid-back coastal lifestyle. Spend your mornings walking along the foreshore, launch a boat from the Shaving Point boat ramp, or enjoy exclusive use of the communal jetty on Bancroft Bay. Metung Village is only a short walk away, offering an easy choice of cafés, boutique stores and the well-known Metung Hotel overlooking the marina. Surrounded by scenic paths, boardwalks and peaceful picnic spots, the area invites swimming, fishing or simply taking in the natural beauty of the Gippsland Lakes. Professionally managed by Holiday Makers and currently achieving consistent returns, this property suits buyers seeking a low-maintenance getaway, an income-producing investment, or a combination of both in a waterfront location. For more information, or to arrange an inspection, please call East Gippsland Real Estate on 03 5155 2555 today! For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$1,551/month
$776 /fortnight
Loan $256,000 at 6.10% over 30 years

Upfront costs

Deposit$64,000
Stamp duty$14,270
Conveyancing (est.)$2,000
Total upfront$80,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Metung

This 1-bedroom apartment in Metung, VIC 3904 sits within reach of local shops and nearby schools. It is listed 36% below the $499,000 median of 76 comparable apartmentswithin 5 km.

Schools near Metung

  • Metung Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed273 m away
  • Shaving Point Reserve270 m away
  • Unnamed291 m away
  • A B Patterson Reserve385 m away

Metung at a glance

Full suburb profile
Population
1,899
Median age
60
Household income
$1,219/wk
Median rent
$346/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Metung price trend

Median sold · House 3 bed

Compound growth -1.0% / yr over 4 yrs

$620kcurrent median

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Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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