Check another suburbYour suburb, scored · Data as of Oct 2026
Marengo, VIC
R-Score 48 / 100 — ranked #8,098 of 15,286 suburbs this month
A mixed market — some indicators warm, others cooling
Conditions here are neither running hot nor cold. The detail below shows which indicators are doing the work.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of Marengo →
Is Marengo a buy right now? Get our verdict + the 5 best streets
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Best Streets in Marengo, VIC
Compare every street in Marengo (VIC) on the Street Score →
Other High-Scoring Suburbs in Colac-Otway (VIC)
- CressyR-Score 98/100 · Streets →
- JohannaR-Score 90/100 · Streets →
- ColacR-Score 89/100 · Streets →
- Barwon DownsR-Score 86/100 · Streets →
- Carlisle RiverR-Score 75/100 · Streets →
- Irrewillipe EastR-Score 75/100 · Streets →
| Indicator | Marengo Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 48 / 100 | Ranked #8,098 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $950,000 | -25.2% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $570/wk | Implies a 1.9% gross rental yield at the current median price |
| Rental Vacancy Rate | 4.5% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 792 days | Part of Colac-Otway (VIC) council area (LGA avg R-Score 48/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Marengo, VIC?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
Marengo VIC FAQs
Frequently Asked Questions: Investing in Marengo, VIC
Is Marengo VIC a good suburb for property investment in 2026?
As of Oct 2026, Marengo (VIC 3233) scores 48/100 on the Ripehouse R-Score, ranking #8,098 out of 15,286 Australian suburbs. A mixed market — some indicators warm, others cooling. Key fundamentals include a median price of $950,000, median rent of $570/wk, gross yield of 1.9%, and vacancy of 4.5%.
What is the median house price and 12-month growth in Marengo VIC?
The current median property price in Marengo (VIC) is $950,000 (Oct 2026), representing a -25.2% change over the past 12 months. Properties in Marengo currently spend a median of 792 days on market.
What is the rental yield and vacancy rate in Marengo VIC?
In Marengo (VIC), the median weekly asking rent is $570/wk, producing a gross rental yield of 1.9%. The suburb vacancy rate is 4.5% as of Oct 2026.
What are the best streets in Marengo VIC?
Ripehouse Advisory scores every G-NAF street in Marengo against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Marengo Street Score tool on this page to compare individual streets.
Which council area (LGA) is Marengo VIC located in?
Marengo (VIC, postcode 3233) is located in the Colac-Otway council area (LGA). Across Colac-Otway, the council-wide average R-Score is 48/100 across 70 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.