OFF MARKET

7-8 Bayview Street
Marengo VIC 3233

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 1167m2
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Last updated 18 Nov 2024
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Property Details for 7-8 Bayview St, Marengo

7-8 Bayview St, Marengo is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1167m2.

Building Type
House
Land Size
1167m2
Local Government
Colac Otway
Lot/Plan
CP158856

Last Listing description (March 2024)

This large double block is in one of the most desired locations in Marengo if not Victoria. Opportunities are endless, including subdivision or building your dream home! Set on a massive 1,167 sqm with 36 metres of street frontage. This block could be subdivided (STCA) and still have space to build the house of your dreams. Or alternatively could use the entire site to build and develop a sensational new home!
Currently sitting on this massive northerly aspect block is a much-loved 1970s original beach house which includes 5 bedrooms, 2 bathrooms, laundry facilities, shed, large open plan kitchen, living and dining area which opens onto a generous view filled balcony and undercover parking for multiple cars. The property has spectacular views of the Otway Coastline right up to Cape Patton and stretching out to Bass Strait. Also visible are views of the world-famous Marengo Reef Marine Sanctuary with resident Australian Fur Seals only 150 metres offshore.
The block is north facing and only metres to the sheltered Southern end of the Marengo beach with exquisite sands and azure coloured water. This beach is ideal for swimming, snorkelling, or kayaking. Further up the beach are excellent waves for surfing and paddle boarding. Or could simply stroll up the 1km + beach for your daily sunrise or sunset walk.. Or alternatively you can walk or ride a bike into Apollo Bay for shopping and dining experiences.

Blocks of land like this are very rare.
An inspection will not disappoint.

Property History for 7-8 Bayview St, Marengo, VIC 3233

A timeline of how this property has performed in the market
  • 19 Mar 2024
    Listed for Sale $3,250,000.

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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.