Metung is very much a fishing and boating town. Surrounded on three sides by water, the town is well serviced by a number of marinas and jetties, with several cruise operators catering for visitors. Safe swimming is available at Shaving Point and near the jetty along Metung's western coast, with a number of scenic waterfront walking tracks.
The town centre features a general store, a number of restaurants and cafes, and several speciality shops. The Metung Hotel, which dates back to 1873, is situated within the town's commercial centre and has direct water frontage onto Bancroft Bay and the adjoining wharf.