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2 Highview Rise, Metung$625,000
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2 Highview Rise

Metung, VIC 3904, Australia
$625,000
5 bed 2 bath 5 car5177 m²

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About this property

This outstanding property offers a rare dual-income opportunity, comprising a spacious family home plus a separate cottage, all set on approximately 5,177m² (just over an acre). With both residences currently tenanted, it represents a strong and secure investment with immediate rental return. The main brick residence features a generous open plan living area complete with a cosy pot belly heater, reverse cycle heating and cooling, and ceiling fan for year-round comfort. The galley-style kitchen adjoins a meals area and opens via sliding doors to a verandah overlooking native bushland, enhanced by beautiful mature gum trees. Accommodation includes three carpeted bedrooms with built-in robes, a separate study, a family bathroom with shower, bath and vanity, plus a dedicated laundry. A double carport services the home. The house has been tenanted long term, further highlighting its appeal as a reliable investment. The separate Western Red Cedar clad cottage is also currently tenanted with lease in place until November. It offers comfortable open plan living with reverse cycle air conditioning, a kitchenette, space for laundry facilities, two bedrooms, a bathroom, and a single carport. The property also features a garden shed, orchard, water tank and town water connection. Ideally located close to Metung Primary School and within walking distance to Metung Village, this is an exceptional opportunity for investors seeking dual rental income in a highly sought-after location. Inspection strictly by advance appointment only.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
2
Parking
5
Land Area
5177 m²
Listed
3 months ago

Repayment calculator

$3,030/month
$1,515 /fortnight
Loan $500,000 at 6.10% over 30 years

Upfront costs

Deposit$125,000
Stamp duty$32,570
Conveyancing (est.)$2,000
Total upfront$159,570
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 5-bedroom house in Metung, VIC 3904 sits within reach of local shops and nearby schools. It is listed 21% above the $515,000 median of 79 comparable houseswithin 5 km.

Schools near Metung

  • Metung Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed1.4 km away
  • Unnamed991 m away
  • A B Patterson Reserve1.3 km away
  • Unnamed1.4 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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