Metung
Suburb profile, market snapshot and recent listings for 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 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.
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
Recent results
Recently sold in Metung
$780k
8 Kempton Grove
Sold ~July 2026
$620k
143 Kings Cove Boulevard
Sold ~July 2026
$468k
10 Hugh Street
Sold ~July 2026
$468k
29 Mairburn Road
Sold ~July 2026
$202k
140 Kings Cove Boulevard
Sold ~July 2026
$635k
4/42 Metung Road
Sold ~July 2026
$843k
5 Howitt Avenue
Sold ~July 2026
$161k
8 Gannet Grove
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
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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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.
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