Metung
VIC, 3904
-
East Gippsland
Thinking about buying in Metung? Now could not be a better time, with 2492 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $551,000 with prices in this suburb ranging from $44,000 to $4,161,000. Metung is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $307.86 |
| Median Monthly Mortgage | $1358.86 |
| Median Persons Per Bedroom | 0.71 |
| Average Household Size | 2.00 |
| Average Age | 58.29 |
| Average Income | $598.00 |
| Average Cars Per Dwelling | 2.00 |
| Average Properties Within 50M | 7 |
Housing Stock
Average Property Prices
| 1 Bed $354,000 |
| 2 Bed $469,000 |
| 3 Bed $674,000 |
| 4 Bed $986,000 |
| 5 Bed $872,000 |
| 6 Bed+$661,000 |
Metung Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Metung driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Metung due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Metung changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Metung to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Metung the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Located on a small peninsula on the southern coast of Victoria, Metung is a beautiful seaside town full of charm and character. It’s a popular holiday destination, as it is close to several larger towns and yet is not itself situated along a major route. The Gunai, an aboriginal tribe who once inhabited the land where Metung now sits, speak of the ‘Legend Rocks’, 3 rocks said to be fisherman who were turned to stone for being selfish and refusing to share their catch with their dogs; two of these rocks were unfortunately destroyed during roadworks, but one remains and can be seen standing in the marina.
The median house price in Metung is around $600,000 AUD – below the average of $710,000 in its state (Victoria) – making It an affordable place to buy property. Its proximity to the larger towns of Bairnsdale and Lakes Entrance make it a prime spot for commuters as well as holidaymakers, with the town’s quiet but not remote location and beautiful seaside views being the primary draws for the latter. In conclusion, Metung is a conveniently placed and scenic town, striking a perfect balance between serenity and practicality.
Houses for sale Metung
2 
Local Schools
Metung Primary School
Nungurner Primary School
(While the above schools are located with the suburb of Metung there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Metung weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 13.6 | 26.7 | 44.4 | 92.8 | 4.2 | 23.5 |
| Feb | 1.5 | 13.7 | 26.0 | 48.5 | 94.6 | 4.2 | 19.9 |
| Mar | 1.8 | 12.1 | 24.2 | 48.6 | 94.7 | 3.9 | 15.8 |
| Apr | 1.8 | 9.3 | 21.0 | 51.2 | 95.2 | 3.5 | 12.4 |
| May | 1.2 | 6.4 | 17.8 | 53.0 | 93.6 | 3.8 | 9.1 |
| Jun | 1.7 | 4.3 | 15.0 | 58.0 | 94.4 | 3.6 | 7.7 |
| Jul | 1.3 | 4.3 | 15.1 | 52.9 | 92.3 | 4.0 | 8.2 |
| Aug | 1.3 | 4.6 | 15.9 | 49.1 | 92.5 | 4.3 | 10.6 |
| Sept | 1.4 | 6.0 | 18.6 | 45.8 | 93.5 | 4.5 | 15.0 |
| Oct | 2.1 | 8 | 20.5 | 48.5 | 93.9 | 4.2 | 19.2 |
| Nov | 2.3 | 10.1 | 22.6 | 47.0 | 94.0 | 4.3 | 22.4 |
| Dec | 2.1 | 12.1 | 24.9 | 44.8 | 93.6 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Bairnsdale - Greater then 10KM
Raymond Island Ferry - Greater then 10KM
Raymond Island Ferry - Greater then 10KM
General Points of Interest
Bioluminescence Algae - Less than 10 KM
Raymond Island Primary School (1902-1912, 1914-1934) - Less than 10 KM
Tambo Wines - Less than 10 KM
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