Record waterfront Metung beach house sale

Record waterfront Metung beach house sale
Jonathan ChancellorDecember 7, 2020

Located on the shores of Victoria’s Gippsland Lakes, Bay House at Metung has sold for a record $2.8 million.

The charming three bedroom residence is on a 1888 sqm block on Bancroft Bay, at the upper end of the town's market.

It had been traded at $2.55 million in 2007, setting a record which was only bettered last year when another house on what's known as Shaving Point sold for $2.62 million.

The picturesque township, four hours east of Melbourne, comes with a $415,000 the median house price.

Bay House offered a state of the art kitchen, open-plan living area, fireplace, timber floors, and a fully fitted self-contained studio.

With all bedrooms complete with ensuites and water views, the Metung Road retreat sold through Castran Real Estate agent, John Castran, in conjunction with King & Heath First National. 

It came with landscaped gardens and lawn with 26 metres of bay frontage.

The property included a jetty and a private floating marina with deep water berthing for two boats up to 17m, plus additional berthing for smaller vessels. 

This article was first published in The Weekend Australian.

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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