SOLD
Sold on 17 May 2024 for $1,773,000

29 Karingal Drive
Wye River VIC 3234

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 246m2
Land area: 841m2
Sold By
Michael Coutts
Great Ocean Road Real Estate Lorne
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Property Details for 29 Karingal Dr, Wye River

29 Karingal Dr, Wye River is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2014. The property has a land size of 841m2 and floor size of 246m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Wye River in the last 12 months.

Building Type
House
Year Built
2014
Floor Size
246m2
Land Size
841m2
Local Government
Colac Otway
Lot/Plan
111/LP50268

Last Listing description (June 2024)

An elevated position providing expansive ocean views that can never be built out! An epic view forever!

A quality constructed 12 year old home comprising 4 bedrooms, 2.5 bathrooms, a large living room upstairs, a cozy living room downstairs with bunkbeds, expansive open plan kitchen/dining area, generous laundry with second fridge, substantial decking with an incredible view towards the ocean and fantastic inside/outside storage. The large master bedroom on the upper level enjoys the privacy of an ensuite, the convenience of a walk in robe and a beautiful view towards the Otway Ranges National Park.

The layout can cope with a large group staying together, with the help of four bunk beds downstairs, generous water tank provisions with a modern water filtration system and a well designed waste water system, and could therefore be a prolific holiday rental proposition should you desire.

Other features include woodfire heaters upstairs and downstairs, ceiling fans, Nobo electric wall heaters throughout, a generously sized split system in the living room, expansive double glazed windows, high ceilings, 3 car spaces, timber flooring, beautifully appointed kitchen and an ability to purchase mostly furnished.

The property also boasts electric fire proof shutters for the windows and a low maintenance garden making this a easy property to lock up and leave.

There's nothing to do, it's ready to move straight in and enjoy.

Yours for summer!

Property History for 29 Karingal Dr, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$1,773,000
17 May 2024
  • 17 May 2024
    Sold for $1,773,000
  • 01 Nov 2023
    Listed for Sale Not Disclosed
  • 22 Apr 2020
    Sold for $1,537,500
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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.