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

38 Ocean Park Drive
Marengo VIC 3233

Bedrooms: 1
Bathrooms: -
Car spaces: 2
Land area: 7285m2
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Property Details for 38 Ocean Park Dr, Marengo

38 Ocean Park Dr, Marengo is a 1 bedroom, 0 bathroom House with 2 parking spaces. The property has a land size of 7285m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
7285m2
Local Government
Colac Otway
Lot/Plan
65/PS429763

Last Listing description (August 2024)

This property presents an exceptional and unique opportunity for someone who has a dream to create a lifestyle in an incredible location with space, serenity and a good head-start.

This expansive parcel of land is just under 2 acres of fertile Otway soil and boasts views across the Barham Valley to the Otway foothills. Taking advantage of a full northern aspect, the land has been curated into a productive and successful market garden.

The gentle undulating slope of this property creates interest and provides a perfect perch for the existing buildings. The property also includes an 11-metre commercial quality glasshouse and two 15-metre polytunnels with irrigation infrastructure. Mature trees sculpt the spaces and provide a walkway through the property creating definition.

The flexibility of this property is something that will appeal to many buyers, and has the potential to expand the existing buildings or create something new to make your permanent move to this highly sought-after area, only a short walk to Marengo beach.

GOODLIFE HIGHLIGHTS

- North facing with stunning views over the Barham Valley
- Market garden setup with commercial glasshouse, 2 polytunnels and irrigation
- Landscaped garden with mature trees and orchard
- Minutes walk to Marengo beach
- Less than 5 minutes drive to Apollo Bay
- 2 x 9000 litre water tanks
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- Flexible work and living spaces

Property History for 38 Ocean Park Dr, Marengo, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$900,000
17 May 2023
  • 17 May 2023
    Sold for $900,000
  • 27 Jan 2023
    Listed for Sale Not Disclosed
  • 23 Dec 2015
    Sold for $410,000
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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 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.