7/2-6 Great Ocean Rd, Marengo is a 3 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 893m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
In an outstanding location on 893sqm, set amongst and overlooking 2.5 hectares (6 acres) of shared common property including a picturesque lake and the Marengo beach this 3 bedroom holiday home has it all for the relaxing holiday.
Currently under a flexible rental management agreement, returning over $60,000 per annum, about $36,000.NET in a normal year.
This property has been smartly updated and refurbished and is being sold fully furnished with new contemporary lighting, curtains, fixtures and fittings.There is plenty of parking outside allowing for cars and a boat.
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:
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