1 Ocean Park Drive, Marengo, VIC 3233 | Property Value & History | OnTheHouse
OFF MARKET

1 Ocean Park Drive
Marengo VIC 3233

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 243m2
Land area: 5050m2
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Property Details for 1 Ocean Park Dr, Marengo

1 Ocean Park Dr, Marengo is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 5050m2 and floor size of 243m2.

Building Type
House
Floor Size
243m2
Land Size
5050m2
Local Government
Colac Otway
Lot/Plan
RES1/LP221748

Last Listing description (February 2014)

BIG IS BEAUTIFUL
Whether it's sitting by the lounge room infront of an open fire or sipping champagne on the balcony, you will feel completely relaxed enjoying the coastal lifestyle while taking in sea and hill views from almost every aspect of this 5 bedroom home. Complete with ocean road frontage, the home boasts 58 squares of living.
The upper level features a very spacious open plan living/dining area, perfect for entertaining guests.

The kitchen is both modern and practical. The master and second bedrooms overlook the ocean,
both have en suites, and their own private access to the balcony.
The lower level comprises of 3rd 4th & 5th bedrooms. There is a family/sitting room that leads to a well designed entertaining area that includes a spa and pizza oven. Leading from the entertaining area
there is a separate spacious room that is perfect for a games room and sports bar. The very large internal garage/ workshop, measures approx 61 m2 perfect for the caravan or boat.
The home is sophisticated, yet comfortable and welcoming. Designed for entertaining in style.
Some of the many features:
Uninterrupted Coastal & Hill Views.
Large open plan living with Blackwood Dado lined walls & Ceilings
Modern kitchen with Electric & Gas cooking
5 Bedrooms.
3 Bathrooms.
Tiled to all living & wet areas, & carpets to all bedrooms.
Large entertaining area.
Internal access to the huge double garage.
Additional feature/s - Decking.

Property History for 1 Ocean Park Dr, Marengo, VIC 3233

A timeline of how this property has performed in the market
  • 20 Feb 2014
    Listed for Sale P.O.A
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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 2016 was 239 people. By 2021 the population was 272 showing a population growth of 13.8% 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 over $4000 per month on mortgage repayments. In general, people in Marengo work in a managers occupation.In 2021, 83.60% of the homes in Marengo were owner-occupied compared with 65.00% in 2016.

Marengo has 366 properties. Over the last 5 years, Houses in Marengo have seen a 14.22% increase in median value, while Units have seen a 18.20% increase. As at 31 March 2026:

  • The median value for Houses in Marengo is $1,087,144 while the median value for Units is $658,828.
  • Units have a median rent of $230.
There are currently 4 properties listed for sale, and no properties listed for rent in Marengo on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Marengo.

Suburb Insights for Marengo 3233

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.