OFF MARKET

22 Mcrae Road
Wye River VIC 3234

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 119m2
Land area: 585m2
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Last updated 28 Oct 2024
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Property Details for 22 Mcrae Rd, Wye River

22 Mcrae Rd, Wye River is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 585m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1960
Floor Size
119m2
Land Size
585m2
Local Government
Colac Otway
Lot/Plan
4/LP56350

Last Listing description (January 2021)

Panoramic Wye bay views and beyond are achieved from this classic renovated 1960's 3 bedroom beach home.
Wye and Separation Creek beach views are enjoyed from the expansive decking and open plan kitchen/living area.
Sited on a relatively flat 576 sqm block with easy vehicle access and low maintenance terrain rarely provided in Wye River.

The property faces north and enjoys all day sun all year long which is much desired on the Victoria coastline.
Timber flooring, wood fire heating, split living zones and close walking proximity to the beach are the key features.
Currently set up as a popular holiday rental property known as "Wye Sky for Families".

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Property History for 22 Mcrae Rd, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$1,220,000
19 Nov 2020
  • 19 Nov 2020
    Sold for $1,220,000
  • 02 Oct 2018
    Listed for Sale $1,225,000
  • 20 Dec 2017
    Listed for Sale $1,200,000 - $1,285,000
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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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