OFF MARKET

18 Iluka Avenue
Wye River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 578m2
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Property Details for 18 Iluka Ave, Wye River

Building Type
Land
Land Size
578m2
Local Government
Colac Otway
Lot/Plan
22/LP22243

Last Listing description (May 2019)

A 570 sqm vacant block that has never been built on and held by current owner for 2 decades.
It's a blank canvas clear of any significant vegetation.
The 180 degree cliff top views are simply spectacular incorporating Wye point and the rolling waves below.

It's your dream site and once a home is constructed a significant holiday rental return will be achievable.
World class coastal views!

Property History for 18 Iluka Ave, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$585,000
18 Sep 2019
  • 18 Sep 2019
    Sold for $585,000
  • 15 Nov 2018
    Listed for Sale $599,000
  • 01 Oct 1996
    Sold for $65,000
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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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.