Marengo Suburb Profile
Victoria 3233

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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.

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.

Suburb Insights for MARENGO 3233

Market Insights
Marengo Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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Marengo Trends for Units
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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

Population 229

0-9

 

9%

10-19

 

6%

20-29

 

6%

30-39

 

8%

40-49

 

11%

50-59

 

14%

60-69

 

23%

70-79

 

12%

80-89

 

6%

90-99

 

1%

Household Structure
Occupancy

Recent Sales in MARENGO 3233

Properties for sale in MARENGO 3233

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Last Updated: 21/11/2024

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.

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