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 › Highview Rise
$730,000
For sale
Asking
$536,000
Last sold
7 June 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
6,511 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
$730,000
Asking · $112/m² of land
Last recorded sale $536,000 (7 June 2021).
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.
Vs Metung
+50.5%
Median sale
Suburb $485,000
-1.66 pp
Gross yield
Suburb 4.95%
Suburb median $485,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$44,382 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 3.3%. 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 OBrien Real Estate BairnsdaleHidden amongst the trees, this peaceful and private oasis at 5 High View Rise offers an exceptional lifestyle opportunity set on a generous 6,434m² (approx.) allotment. Elevated to capture beautiful views across Lake King and out toward Bass Strait, this unique split-level home perfectly blends space, warmth, and natural surroundings.
Inside, timber-lined vaulted ceilings create an immediate sense of character and openness, while the thoughtfully designed layout provides two large living areas ideal for both relaxation and entertaining. The home comprises three spacious bedrooms, including a master retreat complete with walk in robe and convenient two way access to the main bathroom, while bedrooms two and three feature built-in robes and enjoy tranquil outlooks to the surrounding landscape.
The light-filled main bathroom overlooks a private garden space and features a spa for added comfort, enhancing the home's relaxing atmosphere.
At the heart of the home, the expansive kitchen serves as a true central hub, boasting ample cupboard space, electric cooking, dishwasher, and seamless connection to the dining area and large lounge, where a solid fuel heater adds warmth and ambience. From the comfort of your lounge room, enjoy stunning sunsets across Lake King during the spring months of September through November a truly special daily spectacle.
Outdoor living is just as impressive, with deck areas at both the front and rear of the home providing multiple options for entertaining or unwinding. The rear deck in particular captures a beautiful view across Lake King, making it the perfect place to relax and take in the serenity.
Under the home, two separate storage areas with lighting and power offer excellent functionality one with a concrete floor and the other with a natural dirt base ideal for storing a ride-on mower, gardening tools, or additional equipment.
Additional features include 14 solar panels for energy efficiency, a garage and carport providing ample parking, and plenty of space for a boat or caravan.
Ideally located just a short distance to Metung Village and only a short drive to Bairnsdale and Lakes Entrance, this property offers the perfect balance of privacy and convenience.
This is a rare opportunity to secure a truly special lifestyle property where space, nature, and stunning views come together.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Listing description written by Felise Siania, OBrien Real Estate Bairnsdale — reproduced as published, not verified by Districts.