11 Galbraith WayMarengo VIC 3233
Property Details for 11 Galbraith Way, Marengo
Last Listing description (June 2022)
This expansive 1-acre (approx. 4,000 Metres) block comes with plans - at no extra cost - for a luxurious architect-designed home. The building envelope height is 9 metres (STCA). The design facilitates stunning 360-degree water
views of the coast, and the surrounding rolling hills. In this low-density residential zone, these perpetually awe-inspiring views can never be built out. Your investment is secure.
The large block will allow you to create your vegetable garden, orchard, and botanical garden. The elevation of the land is 3.5 metres (above sea level) and has no building restrictions.
Your family and friends will love to visit, and to stay over! All will enjoy the local beach, which is protected by the Marengo Reef, and the many wonderful natural attractions of the area. The airport is close by, as is the sheltered harbour of Apollo Bay. They can come by boat, or they can fly in!
Enjoy the peaceful seclusion from the bustle of Apollo Bay holiday goers, but be close enough to the town centre to enjoy - and to partake in the farmer's markets, events and activities - when it suits your mood. The shops and restaurants are within an easy walking distance, as is the scenic golf course.
Don't miss this opportunity to buy this very attractive property, in one of the most pristine and beautiful regions of Australia, and to live very well indeed.
Vendors assisted by Williamstown Property Advocates
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 11 Galbraith Way, Marengo, VIC 3233
- 23 Jun 2022Listed for Sale $449,000
- 29 Aug 2018Transferred
- 23 Aug 2018Transferred
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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.
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