Marengo, VIC 3233

Marengo, VIC 3233

Compare Part of Colac-Otway

155.95 km
Distance from CBD
2 k
Population
Median Sale Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$320,000
0.0% $200,000 $1,300,000 7
2010
$540,000
+40.7% $320,000 $975,000 7
2011
$620,000
+12.9% $385,000 $620,000 4
2012
$470,000
-31.9% $450,000 $1,240,000 3
2013
$720,000
+34.7% $330,000 $1,450,000 7
2014
$600,000
-20.0% $365,000 $1,075,000 8
2015
$645,000
+7.0% $285,000 $1,650,000 8
2016
$690,000
+6.5% $440,000 $1,550,000 14
2017
$580,000
-19.0% $390,000 $2,500,000 13
2018
$705,000
+17.7% $440,000 $1,300,000 17
2019
$650,000
-8.5% $460,000 $1,025,000 12
2020
$845,000
+23.1% $590,000 $1,565,000 14
2021
$1,100,000
+23.2% $680,000 $2,502,500 20
2022
$1,950,000
+43.6% $1,420,000 $2,200,000 8
2023
$1,190,000
-63.9% $870,000 $1,900,000 9
2024
$1,550,000
+23.2% $1,470,000 $1,550,000 2
Median Sale Price
$1.55M
Based on 4 recorded sales within the last 12 months
Updated on 1 Nov 2024
Suburb Growth
+9.7%
Current Median Price: $1,550,000
Previous Median Price: $1,400,000
Based on 13 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
$275
0.0% $200 $350 6
2013
$285
+3.5% $230 $310 6
2014
$285
0.0% $220 $300 4
2015
$260
-9.6% $250 $285 3
2016
$260
0.0% $260 $400 3
2017
$365
+28.8% $315 $365 2
2018
$340
-7.4% $340 $340 1
2019
-
- - - -
2020
-
- - - -
2021
$600
+43.3% $600 $600 1
2022
-
- - - -
2023
$1,500
+60.0% $1,150 $3,500 3
2024
$500
-200.0% $500 $500 1
Median Rent Price
$500
per week
Based on 1 recorded rent within the last 12 months
Updated on 1 Nov 2024
Rent Price Growth
-200.0%
Current Median Rent: $500
Previous Median Rent: $1,500
Based on 4 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.7%
Current Median Price: $1,550,000
Current Median rent: $500
Based on 5 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)