SOLD
Sold on 18 Jan 2024 for $1,200,000

13 Riverside Drive
Wye River VIC 3234

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 84m2
Land area: 950m2
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Sold By
Michael Coutts
Great Ocean Road Real Estate Lorne
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Property Details for 13 Riverside Dr, Wye River

13 Riverside Dr, Wye River is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 950m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Wye River in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
84m2
Land Size
950m2
Local Government
Colac Otway
Lot/Plan
30/LP27622

Last Listing description (April 2024)

A beautiful gently sloping sun soaked position in Wye with an amazing ocean view. A classic 2 bedroom, 1 bathroom fibro shack occupies the 950 sqm (approx.) block which could be rejuvenated if you possess that skill set. Alternatively, the dwelling is fully functional for the medium term whilst you plan to re-develop in a timeframe to suit you.

The view is perfectly aligned to provide an unimpeded 180? beach view and the Wye River entering the ocean. It's a captivating panoramic view from the home that will only be enhanced should you build a second level.

Easy vehicle/pedestrian access, private location and walking distance to the beach are other attractive attributes of this property.

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Property History for 13 Riverside Dr, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$1,200,000
18 Jan 2024
  • 18 Jan 2024
    Sold for $1,200,000
  • 23 Oct 2023
    Listed for Sale Not Disclosed
  • 17 Jun 2010
    Sold for $725,000
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About Wye River 3234

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:

  • The median value for Houses in Wye River is $1,042,392 while the median value for Units is $392,771.
There are currently 2 properties listed for sale, and no properties listed for rent in Wye river on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Wye river.

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