Property Details for 10 Panorama Cres, Marengo
Last Listing description (August 2025)
Elevated block with amazing views
This is a truly exceptional opportunity to secure one of the last vacant blocks of land (590 sqm approx.) on the high side of Panorama Crescent. The breathtaking 270 degree ocean and coastal panorama can never be built out. An exciting opportunity to build your dream holiday or permanent home among some superb other multi-million dollar investments.This tightly held strip on Panorama Crescent is prime real estate for good reason, on the ocean side of the Great Ocean Road.Approved permits are in place and architectural plans available for a build on this property affording sensational views from a new dwelling. Easy access to the beautiful long stretch of Marengo beach and just a 3 minute drive to Apollo Bay shopping & restaurant precinct.
Property History for 10 Panorama Cres, Marengo, VIC 3233
- 26 Apr 2025Listed for Sale $650,000
- 03 Nov 2020Sold for $475,000
- 24 Oct 2019Listed for Sale $495,000
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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 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 368 properties. Over the last 5 years, Houses in Marengo have seen a 40.02% increase in median value, while Units have seen a -13.89% decrease. As at 30 November 2025:
- The median value for Houses in Marengo is $1,104,767 while the median value for Units is $408,901.
- Units have a median rent of $230.
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