OFF MARKET

5/2-6 Great Ocean Road
Marengo VIC 3233

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 645m2
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Property Details for 5/2-6 Great Ocean Rd, Marengo

5/2-6 Great Ocean Rd, Marengo is a 2 bedroom, 1 bathroom House and was built in 1990. The property has a land size of 645m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1990
Floor Size
86m2
Land Size
645m2
Local Government
Colac Otway
Lot/Plan
5/PS548144

Last Listing description (March 2020)

Set on 4 hectares of beautifully landscaped surrounds in one of Marengos most desirable locations overlooking the ocean, this property has beautiful views of nature at every turn. A rare offering to secure one of only eight traditional style solid brick cottages separated by native shrubs and gardens and overlooking a stunning ornamental lake. With views of the coast and the Otway ranges, this cottage comprises of two bedrooms and is an investment in something truly unique. Offering endless potential as a weekend getaway, an investment or a permanent place of residence.
Share the enjoyment of 2.4 ha (6 acres) of manicured common property between you and the beach.
This cottage has a generous living space with a brick open fireplace providing ambiance and warmth in the cooler months. Bedrooms with robes, main bathroom with corner spa and shower, full laundry, timber kitchen with dishwasher, heating and air-conditioning and parking for 2 cars or a car and a boat. Rare in its outlook and one that can never be lost, this cottage has proven to be a solid investment with impressive earning potential.

Property History for 5/2-6 Great Ocean Rd, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$752,000
01 Sep 2021
  • 01 Sep 2021
    Sold for $752,000
  • 03 Mar 2020
    Sold for $590,000
  • 16 Dec 2019
    Listed for Sale $620,000
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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 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.