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1 Grassby Rise, Metung$229,000
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1 Grassby Rise

Metung, VIC 3904, Australia
$229,000
865 m²

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About this property

Situated in one of Metung's most prestigious enclaves, this expansive 867m² (approx.) corner block presents a rare opportunity to craft the lifestyle you've always envisioned- whether that's a permanent coastal residence, a luxurious holiday escape, or a smart investment in a sought-after area. Welcome to 1 Grassby Rise, Metung. This block is also known as Subdivision 'The Wedge' - Lot 103 / King's Cove Boulevard. Positioned on a prominent corner, this block offers exceptional flexibility with the ideal setup for building a large shed and creating a second driveway or separate access-perfect for those seeking extra storage, workshop space, or privacy. Located just moments from the exclusive Metung Country Club and the world-class Metung Hot Springs, this property blends wellness, leisure, and natural charm. Golf enthusiasts will love being close to the scenic Kings Cove Golf Club, a picturesque nine-hole public course only 500 metres from the hot springs. Explore direct access to stunning walking trails that lead to Lake King and the Beaches Marina, or enjoy a relaxed walk along Beach Road into Metung Village-home to boutique shops, welcoming cafés, and the iconic Metung Hotel overlooking the water. Nestled along the admired Kings Cove Boulevard, this peaceful yet well-connected location is framed by nature and supported by high-quality neighbouring homes, thanks to building covenants that protect your investment. Titles have been released, so you can begin building your dream home without delay. Whether you're planning a tranquil weekend retreat or a forever home by the coast, this exceptional allotment offers the ultimate blank canvas in a lifestyle-rich setting. Call selling agent DANIEL SCHOEMAN on 0417 824 769 for further information. _____________________________________________________________________________ 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).

Property Details

Property Type
land
Listing Type
For Sale
Land Area
865 m²
Listed
3 months ago

Repayment calculator

$1,110/month
$555 /fortnight
Loan $183,200 at 6.10% over 30 years

Upfront costs

Deposit$45,800
Stamp duty$8,810
Conveyancing (est.)$2,000
Total upfront$56,610
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 land in Metung, VIC 3904 sits within reach of local shops and nearby schools. It is listed 41% below the $390,000 median of 80 comparable landswithin 5 km.

Schools near Metung

  • Metung Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed2.2 km away
  • Unnamed293 m away
  • Unnamed746 m away
  • A B Patterson Reserve2.1 km 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

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1 price change recorded for this property

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