The Metung median house price in 2026 remains an important metric for potential buyers and sellers looking to understand the local property market. As of the latest data from the April to June 2025 quarter, the median sale price for houses in Metung is $520,000, reflecting a quarterly decline of 23.0% and a yearly decrease of 21.8% according to DataVic/REIV.

• The median house price in Metung was $520,000 in the April-June 2025 quarter.
• Prices declined by 23.0% QoQ and 21.8% YoY according to DataVic.
• Metung’s median land price is $200,000, down 20.1% QoQ.
• The population of Metung is 1,899, with a median age of 60 according to the ABS Census 2021.
• Median household income in Metung is $1,219 per week, while median rent is $346 per week.

What do the numbers say in Metung?

According to the DataVic/REIV, the median house price in Metung during the April to June 2025 quarter was $520,000. This represents a significant change from the previous year, with a yearly decline of 21.8%. Land prices also experienced a decrease, standing at $200,000, down 20.1% quarterly and 9.2% annually. Despite these decreases, Metung remains an attractive location for property investments, owing to its scenic settings and tranquil lifestyle.

Demographics and Market Trends

The Australian Bureau of Statistics (ABS) Census 2021 indicates Metung has a population of 1,899 people, characterized by a median age of 60 years. The community’s median household income is $1,219 per week, while the median rent is approximately $346 per week. These figures suggest that the area maintains a stable economic profile despite shifts in property prices.

What are the key considerations?

Anyone considering buying in Metung should be aware of the recent declines in property values. This trend can present opportunities for investment, especially for those looking to purchase properties below previous market highs. It might also benefit existing homeowners planning to sell in Metung by timing their sales strategically to optimize returns. Factors like the suburb’s lifestyle offerings and proximity to Bairnsdale make Metung a continual point of interest for retirees and holiday homeowners.

• Evaluate the long-term growth prospects and lifestyle benefits versus short-term market fluctuations.
• Analyze local demographic changes that can influence housing demand.
• Consider median house prices in Craigieburn for comparative insights.

How does Collings help?

Collings Real Estate provides tailored solutions to assist clients in navigating the Metung property market effectively. By offering comprehensive market analyses and a team of experienced local agents, Collings ensures that both buyers and sellers can make informed decisions. Services include property appraisals, buyer consultations, and a robust online portal for off-market properties. Request a free property appraisal with Collings to gain insights into your property’s current market value.

Interested individuals are encouraged to visit Metung’s detailed suburb profile for more in-depth insights, or to explore related markets such as Doreen.

Frequently asked questions about Metung’s property market

What is the current median house price in Metung?

The median house price in Metung is $520,000, as recorded in the April to June 2025 quarter.

How have property prices changed recently in Metung?

House prices in Metung have decreased by 23.0% compared to the previous quarter, while land prices decreased by 20.1%.

What are the demographic characteristics of Metung?

According to the ABS Census 2021, Metung has a population of 1,899 with a median age of 60 and a median household income of $1,219 per week.

Collings Real Estate can be contacted via phone at 03 9486 2000, email at info@collings.com.au, or visit their office at 230 Waterdale Road, Ivanhoe, VIC 3079. To sign up for their portal, access portal here.