VIC · 3904

Metung

Suburb profile, market snapshot and recent listings for Metung, VIC 3904.

Metung, VIC 3904

About Metung

Welcome to Metung

Metung sits on the shores of Bancroft Bay, part of the Gippsland Lakes system in eastern Victoria, roughly a three-hour drive from Melbourne. Often called the "Jewel of the Lakes", it's a small holiday and lifestyle village built around boating, fishing and long lunches with a water view, rather than commuting distances or big shopping strips.

With a population of just 1,899 and a median age of 60, Metung has the feel of a settled coastal retreat — a place that suits retirees, tree-and-sea changers, and holiday-home buyers more than young families chasing city jobs. Its neighbour Nungurner, just around the lake's edge, shares the same relaxed, water-oriented character.

Lifestyle & dining

Life in Metung revolves around the water. The town's marina, foreshore reserve and yacht club give the place its rhythm, with boating, fishing and lake cruises the main pastimes rather than any organised nightlife. The village centre has a handful of cafes, pubs and restaurants that make the most of the water views, and they tend to fill up with both locals and visiting boat owners over summer and long weekends.

It's a quieter kind of lifestyle suburb — the appeal is space, scenery and a slower pace, and residents generally travel to larger centres like Bairnsdale for anything beyond day-to-day needs.

Shopping

Metung itself has a small but well-used shopping strip geared towards locals and holidaymakers, including a general store, a few specialty shops and the marina precinct. For broader retail, supermarkets and larger services, most residents head to Bairnsdale, about half an hour's drive away, which acts as the main regional hub for Gippsland Lakes communities.

Getting around

Metung is a car-dependent town, and most residents rely on their own vehicle to get around and to reach nearby centres. The Princes Highway, accessible via Bairnsdale, connects the area to Melbourne to the west and the rest of East Gippsland to the east, while local roads loop around the lake to link Metung with Nungurner and other lakeside pockets.

There's no train line running directly into Metung, so travel further afield typically means driving to Bairnsdale, which has rail connections back to Melbourne. Boating is also a genuine mode of local transport here, with many properties backing onto the water and residents using the lakes to move between townships.

Schools & families

Metung Primary School serves the local area, giving younger families in the town a community-based option close to home. Given the suburb's older median age of 60, though, Metung functions more as a retirement and holiday destination than a family-growth hub, and secondary schooling options are typically found in Bairnsdale.

Parks & recreation

The lakes are the main drawcard — Bancroft Bay and the wider Gippsland Lakes network offer swimming, fishing, sailing and cruising right on the doorstep, and the foreshore reserves and walking tracks around town make the most of the water views. Nearby Nungurner and the surrounding bushland add to the outdoor appeal for residents who enjoy birdwatching, kayaking or simply a quiet walk by the water.

The property market

Metung's median house price currently sits at $620,000, with recent figures showing a pullback of 6.8% in house prices — a reminder that lifestyle and holiday markets like this one can move in cycles tied to broader buyer demand and seasonal interest. Median rent is $535 a week, reflecting solid demand from both longer-term tenants and holiday letting.

Current listings show a dwelling mix weighted towards houses (46%) and vacant land (42%), with apartments and units making up 10% and townhouses just 3%. That land share is notable and points to Metung's continuing appeal as a place to buy and build a lake-view home, rather than a suburb dominated by established medium-density housing.

Market snapshot

Metung property market

Median price ranks #3,034 of 3,797 suburbs · pricier than 20%
Bedrooms

Median sale price

$620k

House · 3 bed

Median rent

$535

per week

Gross rental yield

4.5%

annual rent ÷ sale price

Typical price range

Entry

$462k

Median

$620k

Premium

$897k

Days on market

216

Auction clearance

0%

Sold this year

27

Median sold price trend · House 3 bed

Compound growth -1.0% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Metung by dwelling type.

House45%
Land42%
Apartment / Unit10%
Townhouse3%

Who lives here

Demographics

ABS Census 2021 figures for Metung, VIC 3904.

Population

1,899

residents (2021)

Median age

60

years

Household income

$1,219

median, per week

Median rent

$346

per week

Median mortgage

$1,300

per month

Mortgage / income

25%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Metung

Government school catchment

Metung Primary School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Metung

$780k

8 Kempton Grove

house4 bd · 2 ba · 4 car

Sold ~July 2026

$620k

143 Kings Cove Boulevard

house3 bd · 2 ba · 2 car

Sold ~July 2026

$468k

10 Hugh Street

house3 bd · 1 ba · 1 car

Sold ~July 2026

$468k

29 Mairburn Road

house3 bd · 2 ba · 6 car

Sold ~July 2026

$202k

140 Kings Cove Boulevard

land

Sold ~July 2026

$635k

4/42 Metung Road

house2 bd · 2 ba

Sold ~July 2026

$843k

5 Howitt Avenue

house3 bd · 2 ba · 4 car

Sold ~July 2026

$161k

8 Gannet Grove

land

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Metung

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Compare the area

Price map around Metung

Every listing for sale near Metung, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Nearby suburbs

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Common questions

Metung suburb FAQ

What is the median property price in Metung?

The median house price in Metung, VIC is $620k for a 3-bedroom home. Over the past year, median sold prices have fallen about 6.8%.

How much is rent in Metung?

The median weekly rent in Metung is around $535 per week.

Is Metung a good place to live?

Metung is a town in East Gippsland region of Victoria, Australia. Metung is an established residential suburb in VIC, with a population of around 1,899 and 1 school in the area.

What is the population of Metung?

Metung has a population of 1,899 (ABS 2021 Census), with a median age of 60.

What schools are in Metung?

There is 1 school in or near Metung, including Metung Primary School.

How long do homes take to sell in Metung?

Properties in Metung take around 216 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Metung?

Entry-level properties in Metung start around $462k, while premium homes reach $897k.

What suburbs are near Metung?

Suburbs near Metung include Nungurner.

Available now

Properties in Metung

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For Sale
$1.35m
house

NEW PRICE - WHITE HAVEN - PANORAMIC LAKE VIEWS - ARCHITECTURAL COASTAL HOME

6 Lake Grove, Metung VIC 3904
5441120 m²
King & Heath First National Metung1 month ago
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For Sale
$973,143
house

Kimberley

6 Stephanie Street, Metung VIC 3904
422558 m²
G.J. Gardner Homes3 months ago
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For Sale
$895,000
house

STYLE, SPACE & STUNNING VIEWS!

23 Plateau Avenue, Metung VIC 3904
424808 m²
EGRE2 months ago
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For Sale
$2.9m–$3.19m
house

Bespoke Architectural Living in the Heart of Metung

12 Lawrence Court, Metung VIC 3904
4231479 m²
Castran3 months ago
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For Sale
$2.10m
house

DREAMING OF LIFE ON THE FARM?

185 Rosherville Road, Metung VIC 3904
64838.89 ha
King & Heath First National Metung3 months ago
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For Sale
$199,000
apartment

MOORINGS RESORT APARTMENT

38/44-48 Metung Road, Metung VIC 3904
111
King & Heath First National Metung1 week ago
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For Sale
$680,000
house

Settle into The Sanctuary.

23 The Sanctuary, Metung VIC 3904
322655 m²
Harcourts Bairnsdale3 months ago
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For Sale
Contact agent
house
StMate est. ~$575k

17-19 Christmas Street, Metung VIC 3904
2172 m²
EGRE1 week ago
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For Sale
$2.15m
house

Luxury, Privacy & Design A True Metung Lifestyle

8A Bayview Court, Metung VIC 3904
5465919 m²
Casey Skipp Property Group3 months ago
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For Sale
$495k–$535k
land

5,777sqm with Approved Plans & Stunning Water Views

14 Kingscote Drive, Metung VIC 3904
5777 m²
Ray White Rosebud2 weeks ago
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For Sale
$390,000
land

ELEVATED COURT LOCATION!

12 Thompson Terrace, Metung VIC 3904
959 m²
King & Heath First National Metung3 months ago
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For Sale
$86,000
house

Great holiday Villa for Sale in Metung

29/1 Mairburn Road, Metung VIC 3904
21123 m²
REMAX Genesis2 weeks ago
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