OFF MARKET

2 Illowra Avenue
Wye River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 137m2
Land area: 673m2
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Property Details for 2 Illowra Ave, Wye River

Building Type
Land
Year Built
2017
Floor Size
137m2
Land Size
673m2
Local Government
Colac Otway
Lot/Plan
91/LP50268

Last Listing description (November 2016)

A vacant block of land of approximately 670sqm and a massive 25 metre frontage.
Car access is easy via a concrete driveway to a dead flat building footprint making a future house construction extremely cost effective.
The land is relatively free of vegetation and has a lovely view over the adjacent Otway Forest.

Situated in a private cul de sac comprising only 3 other titles.
Privacy, views and low construction costs are the key features of this site.

Property History for 2 Illowra Ave, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$180,000
11 Nov 2016
  • 11 Nov 2016
    Sold for $180,000
  • 09 Sep 2016
    Listed for Sale Not Disclosed
  • 02 Dec 1983
    Sold for $8,500
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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.