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 › Kingscote Dr
$665,000
For sale
Asking
5
Bedrooms
2
Bathrooms
4
Car spaces
1,663 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$665,000
Asking · $400/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.
Vs Metung
+37.1%
Median sale
Suburb $485,000
-1.34 pp
Gross yield
Suburb 4.95%
Suburb median $485,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$40,330 on top of the price (6.1% extra)
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.
Pre-filled with Metung's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
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.
Gross yield if leased at the suburb aggregate is 3.6%. 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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 RE/MAX GenesisIn the heart of Metung, this expansive and low-maintenance family residence is set on an impressive 1,663m² (approx.) block of land, offering exceptional space, privacy, and convenience. You'll enjoy easy access to waterfront cafés, restaurants, boutique shops, local amenities, and the renowned Gippsland Lakes lifestyle.
Surrounded by beautifully established native gardens, this property offers a tranquil and private setting while remaining exceptionally easy to maintain. Thoughtfully landscaped with hardy, low-water-use plantings, the gardens attract local birdlife and blend seamlessly with the natural environment. Perfect for permanent living, a holiday retreat, or an investment property, the low-maintenance grounds allow you to spend more time enjoying the lifestyle and less time on upkeep.
Dual Living Potential. With its versatile floor plan and multiple living zones, this property offers excellent potential for dual living or multi-generational accommodation, subject to council approval (STCA). The generous layout offers flexibility to create separate living quarters, making it ideal for extended families, guests, or a private parent retreat.
Offering four generous bedrooms, each with built-in robes, the home includes a spacious master suite complete with a walk-in robe and private ensuite. Multiple living areas, including a dedicated rumpus room, provide flexibility for growing families, guest accommodation, working from home, or large-scale entertaining. Glass doors open to a tiled outdoor entertaining area, creating a seamless connection between indoor and outdoor living while overlooking the tranquil garden surrounds. One of the standout features is the ample space for all your recreational needs. Whether you have boats, caravans, trailers, jet skis or motorhomes
Property Features
• Split-system heating and cooling for year-round climate comfort
• Carpeted bedrooms and living areas, providing warmth and comfort
• Stylish tiled flooring throughout the main living zones
• Renovated kitchen featuring a new oven, cooktop, and rangehood, plus extended benchtops and additional storage cabinetry
• Lower-level living area enhanced with a built-in bar and versatile rumpus room
• Established 3m x 3m garden shed, recently installed for extra storage
• Fully enclosed and sheltered rear yard, offering privacy and security
• Energy-efficient 5kW solar power system with 16 solar panels, helping reduce ongoing electricity costs
• Ceiling fans installed throughout selected living areas and the master bedroom.
For investors, the home offers exciting opportunities to maximise holiday-rental appeal by accommodating larger groups or creating distinct living spaces. Whether you're seeking a family residence with room for loved ones or a lifestyle investment with potential for additional income, this property offers the flexibility to adapt to your needs.
Conveniently positioned just a short walk from Metung Village, residents can enjoy easy access to waterfront restaurants, cafés, hotels, the local bakery, boutique shopping, and the stunning foreshore of Lake King. The Metung Boat Ramp is only 2 kilometres away, providing direct access to the renowned Gippsland Lakes and making this an ideal base for boating, fishing, and watersports enthusiasts.
Properties offering this level of space, privacy, flexibility, and lifestyle convenience are becoming increasingly difficult to find. Whether you're searching for a permanent family residence, a coastal retreat, or an investment with strong holiday-letting appeal, this remarkable property offers an opportunity to secure the ultimate Metung lifestyle.
Call selling agent Daniel Schoeman on 0417 824 769 for more information or to arrange a private inspection.
Due Diligence Checklist (VIC)
Before purchasing a residential property, buyers should make their own enquiries regarding any matters that may affect the property. This checklist is a guide only and does not replace independent professional advice. For further information, visit the Consumer Affairs Victoria website: consumer.vic.gov.au/duediligencechecklist.
Listing description written by Daniel Schoeman, RE/MAX Genesis — reproduced as published, not verified by Districts.