21 Great Ocean RoadMarengo VIC 3233
Property Details for 21 Great Ocean Rd, Marengo
21 Great Ocean Rd, Marengo is a 5 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 878m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (November 2019)
With a grassy 250 metre track to the beach out the back and the iconic Great Ocean Road at the front door, this big little beach house sits on a spacious 880m2 block.
It features six bedrooms, two kitchens, two living spaces, two bathrooms, two big reverse cycle air conditioners, two separate decks and twice as much garden charm as youll find on your average suburban block.
Currently generating a good income as a holiday rental, the possibilities for improvement or development are plentiful. (Subject to council approval of course.)
live in one section and run the rest as a B&B.
However you dice it, this is an rare chance to own a slice of ocean side serenity at a very approachable price.
Property History for 21 Great Ocean Rd, Marengo, VIC 3233
- 04 Nov 2019Sold for $520,000
- 24 Sep 2019Listed for Sale $525,000
- 05 Feb 2018Sold for $440,000
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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 358 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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