OFF MARKET

19 Wallace Street
Wye River VIC 3234

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 583m2
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Property Details for 19 Wallace St, Wye River

19 Wallace St, Wye River is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 583m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
House
Year Built
1995
Floor Size
78m2
Land Size
583m2
Local Government
Colac Otway
Lot/Plan
4/LP15732

Last Listing description (November 2014)

Situated at the bottom of Wallace Street, the beach is a relatively flat four minute walk away.
Stunning beach and Wye Point views are enjoyed from every room and front decking.
The architect designed 2 bedroom, 1 bathroom home is built of steel and compressed cement sheet cladding. Very low maintenance and with an abundance of natural light through well positioned glass doors/windows.

Other features include, timber flooring, wood fire heating, 2 separate decks, plenty of internal and under house storage.
The property boasts an excellent holiday rental history, should you wish to run as an investment property.
The adjoining block owned by same vendor is also for sale.

Property History for 19 Wallace St, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$662,500
23 Nov 2014
  • 23 Nov 2014
    Sold for $662,500
  • 13 Nov 2014
    Listed for Sale $695,000
  • 22 Aug 2007
    Sold for $560,000
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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.