10 Costerman Terrace, Marengo VIC 3233

Five-bedroom coastal house | large-block pocket | tight rental demand | beach and trail access | older build The property is set in a low-density coastal pocket of Marengo where large lifestyle blocks are the norm. A five-bedroom, two-bathroom house with four parking spaces is offered, which makes it suited to owner-occupiers seeking a permanent family home or a high-quality holiday house. Its position is a short walk from Marengo Beach, and the coastal trail to Apollo Bay is easily reached, so the location is considered a genuine lifestyle advantage. The local rental market is exceptionally tight, with vacancy reported below 0.3%, which strengthens the case for buyers who may want flexible use or future rental income. This house is best matched to a buyer who values space, proximity to the coast, and the quiet character of a tightly held seaside suburb. The value may be influenced by the age of the house and the extent of any modernisation. Land size and orientation are expected to guide the price, along with the coastal outlook from the block. A bushfire overlay on nearby land may affect insurance costs and should be reviewed. The older build could be seen as a discount or an opportunity, depending on the buyer’s appetite for renovation.