355 Great Ocean Road, Marengo, VIC 3233 | Property Value & History | OnTheHouse
OFF MARKET

355 Great Ocean Road
Marengo VIC 3233

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 443291m2
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Property Details for 355 Great Ocean Rd, Marengo

355 Great Ocean Rd, Marengo is a 2 bedroom, 1 bathroom House. The property has a land size of 443291m2. While the property is not currently for sale or for rent, it was last sold in January 1986.

Building Type
House
Land Size
443291m2
Local Government
Colac Otway
Lot/Plan
2/PS410683

Last Listing description (March 2010)

Shhhh! It's just you and nature
Secluded. Nature-filled. Stunning.
Reef Cottage at 1/355 Great Ocean Road, Apollo Bay is a secret oasis - Reef Cottage is property buying at its best for lifestyle and investment. Overlooking a wild reef-break and boundless ocean beyond, it's a rare place for retreat, for romance, for re-charging.

This fabulous stretch of coastline abounds with birds, wildlife and native flora. Yet it's just 3 kilometres from the cafes, restaurants shops and markets of vibrant Apollo Bay. And very reachable from Melbourne CBD via a leisurely drive on the famous Great Ocean Road.
The modern 2-bedroom western red cedar cottage was designed to maximise its position, with an abundance of ocean-side glazing and decking.
A private bush track provides ready access to all-year-round dog-friendly, off-leash beaches. The sense of space and privacy is total, with no other homes or roads within proximity.
Come inside to contemporary open plan living with soaring timber-lined ceilings and luxury features like open fireplace, heating, fan-cooling and quality electric appliances.
Fully-appointed and fitted-out for visitors, Reef Cottage achieves a lucrative year-round rental return. The Reef Cottage's current holiday rent return is substantial and is in excess of $55,000; Enabling you to enjoy the benefits of regular income with the flexibility to use the cottage whenever you want!
Shhhh - This won't be a secret for long!
INSPECTIONS STRICTLY BY APPOINTMENT ONLY!

Property History for 355 Great Ocean Rd, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$8,100
01 Jan 1986
  • 27 Nov 2009
    Listed for Sale Not Disclosed
  • 27 Jul 2009
    Listed for Sale 960000
  • 01 Jan 1986
    Sold for $8,100
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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.

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.