OFF MARKET

29 Wallace Street
Wye River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 597m2
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Last updated 21 Oct 2024
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Property Details for 29 Wallace St, Wye River

Building Type
Unknown
Land Size
597m2
Local Government
Colac Otway
Lot/Plan
12/LP22243

Last Listing description (October 2024)

Not only does this beach home have a totally unimpeded Wye beach view, but the position is centrally located to enjoy all the essential amenity of Wye River.
The beach is accessed within a few minutes walk and the pub plus Wye General Store is a comfortable flat walk away via a safe pedestrian path too.

The home was recently re-stumped and re-cladded (up top) leaving only a superficial makeover for you to attend to if deemed necessary.

A fully functional much loved home for decades by the existing owner. Features include hardwood flooring, wood fire heating and expansive sliding doors to access a large deck that spans the width of the property.

The ocean, beach, valley plus township views are exceptional and are enjoyed from both levels from multiple rooms.

The configuration is two bedrooms, a bathroom, open plan kitchen/living up top that is complimented by a large bunk room with separate access below. Perfect teenagers retreat if you like.

Yours for summer if keen for a quick settlement!

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Property History for 29 Wallace St, Wye River, VIC 3234

A timeline of how this property has performed in the market
  • 28 Oct 2024
    Listed for Sale $1,150,000

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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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