Boasting over 100 acres (approx) of native Otway Rainforest this property is located halfway between Lorne and Apollo Bay on the iconic Great Ocean Road.
The property is nestled on 5 cleared acres and comprises of a family residence and two fully self contained units generating a healthy yearly income. You have your own private creek meandering through the property, and you are just 200 meters, or a 5 minute walk to the beach.
Native wildlife abounds including koalas, wallabies, kookaburras, king parrots, bower birds, echidnas, and many more.
The size of Wye River is approximately 35.8 square kilometres. It has 3 parks covering nearly 127% of total area. The population of Wye River in 2011 was 234 people. By 2016 the population was 51 showing a population decline of 78.2% in the area during that time. The predominant age group in Wye River is 50-59 years. Households in Wye River are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wye River work in a labourer occupation. In 2011, 77.4% of the homes in Wye River were owner-occupied compared with 61.5% in 2016.
Wye River has 375 properties. Over the last 5 years, Houses in Wye River have seen a 64.36% increase in median value, while Units have seen a -21.21% decrease. As at 30 September 2024:
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