OFF MARKET

10 Galbraith Way
Marengo VIC 3233

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4001m2
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Property Details for 10 Galbraith Way, Marengo

Building Type
Land
Land Size
4001m2
Local Government
Colac Otway
Lot/Plan
23/LP221748

Last Listing description (August 2019)

Located in the popular Heathfield estate only meters away from the breaking surf, ocean views and excellent proximity to both Marengo & the township of Apollo Bay, this substantial 4000sqm (1 acre approx) allotment provides an opportunity to plan and build your own private coastal oasis. Featuring a 26 meter frontage and adjoining a landscape reserve at the rear, take advantage of the tranquility of this low density residential zone away from the madding crowd of Apollo Bay with the sound of the breaking waves nearby. The outlook from any future dwelling could be designed with the ocean in mind to take advantage of the positioning of this allotment to maximise coastal views and the surrounding rolling hills with the certainty that your views can never be built out. The land is approximately 2.5 hours from Melbourne, 2 minutes to Apollo Bay and only moments away from the peaceful Marengo beaches, reefs and nature walks. Enjoy the seclusion whilst being close enough to the town center to savour the cafes, restaurants, farmers markets and events. Don't miss the opportunity to buy this attractive property in one of the most pristine and beautiful regions that Australia has to offer.

Property History for 10 Galbraith Way, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$790,000
11 Jun 2021
  • 11 Jun 2021
    Sold for $790,000
  • 23 Jul 2019
    Sold for $370,000
  • 16 Oct 2018
    Listed for Sale Not Disclosed
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About Marengo 3233

The size of Marengo is approximately 2.7 square kilometres. It has 3 parks covering nearly 8.1% of total area. The population of Marengo in 2011 was 222 people. By 2016 the population was 229 showing a population growth of 3.2% in the area during that time. The predominant age group in Marengo is 60-69 years. Households in Marengo are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Marengo work in a trades occupation. In 2011, 84.4% of the homes in Marengo were owner-occupied compared with 65% in 2016.

Marengo has 357 properties. Over the last 5 years, Houses in Marengo have seen a 48.79% increase in median value, while Units have seen a -9.99% decrease. As at 31 October 2024:

  • The median value for Houses in Marengo is $1,147,316 while the median value for Units is $421,124.
  • Houses have a median rent of $280.
There are currently 4 properties listed for sale, and no properties listed for rent in Marengo on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Marengo.

Suburb Insights for Marengo 3233

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.