Metung at a glance
1,912
People
$485,000
Median sale
$462/wk
Median rent
4.95%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
VIC › Metung › Seagull Ave
4
Bedrooms
2
Bathrooms
4
Car spaces
919 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Metung (last 5 years) with land size have a median of $374/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Metung at a glance
1,912
People
$485,000
Median sale
$462/wk
Median rent
4.95%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE
LDRZ
Jurisdiction
East Gippsland
East Gippsland, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 931 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 931 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 11; VEGETATION PROTECTION OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $462/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 931 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 931 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 11; VEGETATION PROTECTION OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Metung at a glance
1,912
People
$485,000
Median sale
$462/wk
Median rent
4.95%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RosebudThe instructions are clear - this quality home must be sold.
Built in 2022 and positioned in a peaceful, family-friendly pocket of Metung, this contemporary four-bedroom residence delivers modern comfort, generous proportions, and exceptional lifestyle appeal on a spacious 900+ sqm (approx.) allotment.
Designed with practicality and flow in mind, the home offers four well-sized bedrooms with built-in robes. The master suite is privately positioned and features a walk-through robe, stylish ensuite, and direct access to the rear yard - ideal for relaxed mornings or future landscaping potential.
Home Highlights:
• Contemporary, move-in-ready home built in 2022
• Expansive 900+ sqm (approx.) block offering space and flexibility
• Four spacious bedrooms, all with built-in robes
• Master suite with walk-through robe, private ensuite, and rear yard access
• Designer kitchen with stone benchtops, 900mm stainless steel gas stove, oven, dishwasher, and large walk-in pantry
• Open-plan living and dining zone with floating floorboards
• Split-system heating and cooling for year-round comfort
• Second living area ideal as a media room, kids' retreat, or formal lounge
• Central bathroom with separate bath, shower, and standalone toilet
• Double lock-up garage with convenient internal access
• Functional laundry with ample storage
• Landscaped, low-maintenance yard perfect for entertaining or easy-care living
Lifestyle & Location - The Best of Metung at Your Doorstep
Living here means embracing the relaxed coastal charm that makes Metung so tightly held and highly sought after.
Metung Hot Springs:
Just a short stroll away, Metung Hot Springs is a world-class wellness destination overlooking the Gippsland Lakes. Featuring geothermal bathing pools, hilltop infinity pools, private bathing barrels, spa treatments, and wellness experiences, it attracts visitors year-round. This not only enhances your personal lifestyle but also underpins strong holiday rental appeal and long-term capital growth potential.
Golf & Leisure:
The nearby Metung Country Club offers a scenic 18-hole golf course surrounded by native bushland, along with dining and social facilities. It's a hub for both locals and visitors, adding further lifestyle and rental appeal.
Village Convenience:
Only minutes from the charming village centre and the iconic Metung Hotel, you'll enjoy waterfront dining, boutique shops, cafés, and essential services. The Metung Yacht Club provides a strong boating community presence and access to sailing events and marina facilities.
Lakes & Outdoor Living:
Explore the beauty of Lake King and the broader Gippsland Lakes system, renowned for boating, fishing, kayaking, and paddleboarding. Scenic walking tracks, boardwalks, and reserves are all within easy reach, offering endless options for outdoor recreation.
Easy Access to Surrounding Centres:
A short drive connects you to Lakes Entrance beaches, regional services, supermarkets, medical facilities, and schools, making this an ideal permanent residence as well as a holiday base.
Whether you're seeking:
• A high-performing holiday rental
• A secure long-term investment
• A modern family home in a premium coastal setting
• Or a lifestyle escape close to hot springs, golf, and water
This property delivers on every front.
Opportunities like this in Metung are rare and highly sought after. Contact us today to arrange your private inspection and secure your slice of East Gippsland paradise.
Listing description written by Shane Fox, Ray White Rosebud — reproduced as published, not verified by Districts.