Marengo 3233
Market analysis for investment properties in Marengo
Median Price
$1,410,000
Trend:Accelerating
+17.5%
Median Rent
$585/pw
Trend:Decelerating
-46.8%
Rental Yield
2.16%
Trend:Decelerating
-54.7%
Median DoM
Not enough data
Trend:Not available
Market Analysis
Why investors are watching Marengo right now.
Shopping in Marengo is limited, with residents typically travelling to nearby Apollo Bay for a wider range of retail options. Apollo Bay offers supermarkets, local boutiques, and specialty stores catering to everyday needs.
Education options in the region include Marengo Primary School, located within the suburb, offering education for primary school-aged children. For secondary education, students may attend Apollo Bay P-12 College, a comprehensive school catering to students from prep to Year 12.
Public transport from Marengo to Melbourne's CBD is primarily accessed via the V/Line train service from Colac Station, approximately a 40-minute drive away. Alternatively, residents can utilize bus services connecting Apollo Bay to Geelong, where they can transfer to trains heading to Melbourne.
Surrounding greenery in Marengo consists of lush coastal landscapes and the iconic Great Otway National Park. The national park offers residents and visitors opportunities for hiking, wildlife spotting, and enjoying the natural beauty of Victoria's coastline.
Additionally, Marengo Beach provides a scenic backdrop for outdoor activities such as swimming, snorkelling, and picnicking, adding to the appeal of the area for those seeking a coastal lifestyle.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Marengo often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Marengo be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Marengo, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
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Investment Insights & FAQ
Frequently asked questions about the Marengo property market in 2026.
As of March 2026, the Marengo property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 17.5%. These figures reflect the evolving demand within Colac Otway, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Marengo range from $1,410,000 for houses. These values are calculated based on recent transaction data and current buyer activity across the Colac Otway region.
For investors targeting cash flow, houses rent for $585 /pw with a 2.16% yield. This rental performance is a key indicator of strong tenant demand within the Marengo area.
Market Insights Last Updated: March 2026