OFF MARKET

6 Ocean Park Drive
Marengo VIC 3233

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 243m2
Land area: 3992m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

Property Details for 6 Ocean Park Dr, Marengo

6 Ocean Park Dr, Marengo is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1990. The property has a land size of 3992m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1990
Floor Size
243m2
Land Size
3992m2
Local Government
Colac Otway
Lot/Plan
33/LP221748

Last Listing description (December 2020)

Located just 200 meters from the magnificent Marengo Beach is 6 Ocean Park Drive Marengo. This property is walking distance to Apollo Bay and all its amenities. Situated in the popular Heathfield estate, on a 4000sqm [ 1 acre] allotment, this well-maintained home offers what dreams are made of. A gorgeous 4-bedroom 3-bathroom attic style residence has a fantastic holiday let history with the potential to expand. The home itself has a huge living area with a well-appointed kitchen. There are 2 wood fire heaters as well as a split system in the air b&b studio. Two of the bedrooms have high ceilings and all are spacious and comfortable. There is an en-suite in the master bedroom for all the creature comforts. The property is well cleared and offers a blank canvas for those wishing for an extensive garden or low maintenance if left as is. There are 2 double garages surely enough room for all the toys. There is also a second studio underway which would dramatically increase holiday rental income. The 22,000 litre water tanks ensure that your garden is always green and is complemented by a 22 solar panel, 6.5-kilowatt energy saving system. If a change is what you are looking for with a great revenue stream this property is a standout.

Property History for 6 Ocean Park Dr, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$1,000,000
14 Dec 2020
  • 14 Dec 2020
    Sold for $1,000,000
  • 22 May 2020
    Listed for Sale $995,000
  • 03 Jun 2016
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

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, 4 properties were sold in the past 12 months in Marengo.

Suburb Insights for Marengo 3233

Market Insights
Marengo Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Marengo Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.