SOLD
Sold on 04 Jun 2024 for $710,000

7 Galbraith Way
Marengo VIC 3233

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 303m2
Land area: 5444m2
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Property Details for 7 Galbraith Way, Marengo

Building Type
Land
Year Built
2000
Floor Size
303m2
Land Size
5444m2
Local Government
Colac Otway
Lot/Plan
26/LP221748

Last Listing description (June 2014)

Stunning parcels of land like this seldom appear on the market, 1.3 acres (approx) of partially covered, lovingly planted bushland so close to the heart of Apollo Bay. This bush block has potential for stunning uninterrupted ocean and estuary views. Access to the beach is only 100 metres through a bush track or via the road only 300metres.
All services are connected to the property with underground power. The building envelope is cleared and ready for the home of your dreams to be built. The walking track to Apollo Bay Cafes and shops is only a quick 10 minutes, even less on a bike and the Marengo Sanctuary and Marengos long sweeping beach are only a short stroll away. You will be surrounded by the prolific birdlife that have made this sanctuary their home.

Property History for 7 Galbraith Way, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$710,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $710,000
  • 03 May 2014
    Sold for $360,000
  • 14 Feb 2011
    Listed for Sale $375,000
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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 365 properties. Over the last 5 years, Houses in Marengo have seen a 51.68% increase in median value, while Units have seen a -17.07% decrease. As at 30 November 2024:

  • The median value for Houses in Marengo is $1,139,130 while the median value for Units is $439,398.
  • 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, 5 properties were sold in the past 12 months in Marengo.

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