OFF MARKET

23 Karingal Drive
Wye River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 133m2
Land area: 891m2
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Property Details for 23 Karingal Dr, Wye River

Building Type
Land
Year Built
2005
Floor Size
133m2
Land Size
891m2
Local Government
Colac Otway
Lot/Plan
108/LP50268

Last Listing description (November 2020)

Phone enquiries - please quote property ID 24753

Perched high in Wye River is this residential building block of an expansive 891 sqm (approx) title.

Highest property in the town boasting commanding views of Wye beach and The Point.

With 2 vacant adjacent blocks and crown land at the rear, privacy and serenity are assured

Planning permit in place with architect designed 2 bedroom home plans available.

Building site with 2 retaining walls, one being bluestone, and a pad for a water tank.

Existing concrete driveway with off-road parking for 2 vehicles, new drainage pit on roadway crossing.

The previous dwelling generated a substantial income by offering holiday accommodation, known as the Summit

Town of Lorne, with Shopping, School (bus service to Wye), Kindergarten, Hospital and Medical Centre just a 13km picturesque drive.

Wye River is a truly unique, landlocked area of the surf coast.

Inspect at your leisure

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Property History for 23 Karingal Dr, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$440,000
28 Sep 2020
  • 28 Sep 2020
    Sold for $440,000
  • 30 Aug 2020
    Listed for Sale Under Offer
  • 25 Jan 2004
    Sold for $300,000
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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.