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VIC › Metung › Reynolds Rd

190 Reynolds Rd, Metung VIC 3904

For saleHouse for Sale

$850,000

For sale

Asking

3

Bedrooms

3

Bathrooms

4

Car spaces

3,660 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000(Listing record · 20 Feb 2026)
  • FactLand 3,660 m²; no building size recorded.(Property record)
  • CalculationAsk is 75% above the Metung median recorded sale ($485,000, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Metung's advertised median rent ($462/wk), implied gross yield would be 2.83% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$850,000

Asking · $232/m² of land

No recorded sale for this property.

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.

See the full Metung report →

Vs Metung

+75.3%

Median sale

Suburb $485,000

-2.12 pp

Gross yield

Suburb 4.95%

Suburb median $485,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$850,000
Stamp Duty (Victoria)
$46,070
Transfer/Registration Fee
$2,093
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$901,863

$51,863 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Metung's advertised median rent — not a rent for this listing.

Net yield
1.33%
Annual cashflow (pre-tax)
$-32,926
Interest cover (DSCR)
0.26
Annual rent
$24,024
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
2.83%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$850,000available20 Feb 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Metung in one glance

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.

See the full Metung report →

Keep researching

  • Why Metung? Read the area thesis →
  • What else is on the market in Metung →
  • Other records on Reynolds Rd →

Listing material

Listed by Ashwood & Associates Real Estate

A METUNG SANCTUARY WITH YOUR VERY OWN VINEYARD

Set on approximately 3,660m² (almost an acre) of beautifully established grounds, this exceptional lifestyle property offers a rare blend of craftsmanship, privacy and productive land, just minutes from the water and village life in Metung.

Beyond its serene rural setting lies one of the property’s most compelling features — a thriving, established vineyard that elevates this home into a truly distinctive lifestyle retreat. Comprising approximately 17 rows and around 250 mature vines, the vineyard is planted with Shiraz and Durif grapes, is fully irrigated, meticulously maintained, and currently producing. Spanning roughly one-third of an acre, it offers both visual beauty and genuine productivity, creating an ever-changing seasonal backdrop and an unmistakable sense of space

A Home of Substance, Warmth & Thoughtful Design

Read the full description

From the moment you arrive, quality and character are immediately apparent. Adorning vines frame the entry and lead onto a wide, wrap-around covered verandah, creating a warm welcome and a seamless connection between the home and its vineyard surrounds.

The beautifully presented three-bedroom, three-bathroom residence has been thoughtfully designed and meticulously maintained, with quality evident at every turn. Rich cedar timber doors, window frames and high skirting boards bring warmth and timeless appeal, while extra-high ceilings enhance the sense of space and natural light.

Two separate living areas offer excellent flexibility, including a second living or library room with built-in book shelving — perfect for quiet retreat or relaxed entertaining.

The main living zone is centred around a wood fire with heat transfer ducts throughout the home, complemented by split-system heating and cooling, ceiling fans, and peaceful garden and greenery outlooks. Hardwood flooring flows throughout, reinforcing the home’s understated luxury and durability.

The spacious kitchen is both impressive and practical, featuring a double oven, generous bench space, ample storage, and seamless connection to the family meals area. A servery window opens directly to the formal dining/ living room, making entertaining effortless.

Accommodation has been cleverly designed for comfort and privacy:

- The master suite features a walk-in robe and ensuite with spa bath

- The second bedroom includes a built-in robe, private ensuite, and courtyard opening onto the east deck, perfect for enjoying a morning coffee in the sun.

- The third bedroom also offers a built-in robe and ensuite — ideal for guests or extended family

Storage is exceptional throughout, with extensive hallway cupboards ensuring no space is wasted and every detail reflects thoughtful design.

Exceptional Construction & Sustainable Comfort

The external corrugated iron finish is unique. Window awnings provide added comfort and protection, while underfloor insulation and enclosed under-house storage further enhance practicality.

Modern conveniences include NBN connectivity, a 2.9kW solar system, and two 20,000-litre water tanks servicing the established gardens, vegetable beds and vineyard irrigation.

Outdoor Living Surrounded by Beauty

Wide front and rear undercover verandahs create outstanding indoor-outdoor living spaces — ideal for morning coffees overlooking the vines, long lunches with friends, or quiet evenings accompanied by birdsong.

The rear verandah enjoys a tranquil outlook across meticulously maintained gardens, a mature jade plant and thriving vegetable patches, while the vineyard forms a picturesque and productive backdrop that changes beautifully with the seasons.

Excellent storage and vehicle accommodation is provided via an approximate 6m x 6m shed/workshop with mezzanine, along with parking for four vehicles including two secure lock-up spaces and two undercover spaces.

A Unique Natural Advantage

Adding another layer of lifestyle appeal is the property’s close proximity to reserve land and water — ideal for kayaking, fishing, exploring, or simply immersing yourself in nature.

All of this is set within a peaceful rural environment, just minutes from the Tambo River and Tambo Bay, and only 8 minutes from Metung Village.

A rare opportunity to secure a beautifully built home with a productive vineyard, exceptional infrastructure, and a lifestyle that seamlessly blends rural tranquillity with coastal convenience.

For more information, contact Kim Ashwood: 0421 868 147 or Kane Ashwood: 0439 036 412 at ASHWOOD & ASSOCIATES REAL ESTATE

Property Code: 417

Listing description written by Kim Ashwood, Ashwood & Associates Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.