25 Panorama Crescent, Marengo, VIC 3233 | Property Value & History | OnTheHouse
 
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25 Panorama Crescent
Marengo VIC 3233

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1055m2
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Property Details for 25 Panorama Cres, Marengo

Building Type
Land
Land Size
1055m2
Local Government
Colac Otway
Lot/Plan
33/LP114343

Last Listing description (October 2023)

There is nothing else like this property in Marengo, nor is there likely to be for many years to come.

Panorama Crescent is one of the most sought after streets in Marengo with its breathtaking, elevated views, this vacant allotment of approx. 1057sqm is sure to capture your imagination.

With its south westerly orientation you will be able to sit and admire the ocean for hours, and be bedazzled as the seasons change.

With the Great Ocean Walk on your door step and a reserve next door your views will last a lifetime. Here is your exciting opportunity to build your dream holiday or permanent home among some superb other million dollar plus investments, or keep as a secure investment for the future. This tightly held strip on Panorama Crescent is prime real estate for good reason.

The Facts:
Last vacant allotment on the low side of Panorama Crescent
Exceptional 180 degree views
Direct easement access to the beach
Land size 1057m2 (approx.)
Approved architecturally designed house plans
Views to last a lifetime

This is a truly exceptional opportunity to secure the last vacant block of land on the low side of Panorama Crescent with nothing between you and the beach except the Great Ocean walk. The breathtaking 180 degree ocean and coastal panorama can never be built out.

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Property History for 25 Panorama Cres, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$1,850,000
09 Nov 2023
  • 09 Nov 2023
    Sold for $1,850,000
  • 20 Sep 2022
    Listed for Sale $1,490,000
  • 06 Mar 2018
    Sold for $640,000
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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.
There are currently 7 properties listed for sale, and no properties listed for rent in Marengo on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Marengo.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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