OFF MARKET

2A Morley Avenue
Wye River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 958m2
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Property Details for 2a Morley Ave, Wye River

Building Type
Land
Year Built
1980
Land Size
958m2
Local Government
Colac Otway
Lot/Plan
2/PS417733

Last Listing description (February 2009)

GODS OWN LAND
PREVIOUSLY OWNED BY THE ANGLICAN CHURCH, THIS MAGNIFICENT BLOCK OF LAND COMMANDS BOX SEAT POSITION WITHIN THE TOWN OF WYE RIVER.
WITH VIEWS EAST TO WYE POINT, NORTH TO SEPARATION CREEK AND WEST OVERLOOKING THE WYE VALLEY, WHICH CAN NEVER BE BUILT OUT, IT DOESNT GET ANY BETTER THAN THIS!

PERCHED ABOVE THE BEACH AND 200M TO THE PUB AND GENERAL STORE, THIS TRULY IS A WORLD CLASS PIECE OF LAND WHICH YOU WILL WANT TO PASS DOWN TO THE GENERATIONS.
MEASURING 954M2, THE BLOCK FACES NORTH, AND SOAKS UP THE SUN FROM MORNING UNTIL EARLY AFTERNOON, AND PROVIDES FULL PROTECTION AGAINST THE PREVAILING SOUTH WESTERLY WIND.
WITH A GENTLE SLOPE, ALLOWING YOU TO MINIMIZE THE LOGISTICS AND COST OF BUILDING, PLANS HAVE BEEN DRAWN UP (BY AN AWARD WINNING MELBOURNE ARCHITECT) FOR AN AMAZING OPEN PLAN 3 LEVEL HOUSE. A PLANNING PERMIT IS CURRENTLY BEING SOUGHT.
THE BUILDING ENVELOPE IS POSITIONED AT THE TOP SECTION OF THE BLOCK WHICH ALLOWS EASY ACCESS VIA AN EXISTING DRIVEWAY WHICH WILL ENABLE YOU TO DRIVE TO YOUR FRONT DOOR.
THIS IS ONE OF THE LAST OPPORTUNITIES TO SECURE LAND IN THE DRESS CIRCLE OF WYE RIVER.

Property History for 2a Morley Ave, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$950,000
05 Dec 2009
  • 05 Dec 2009
    Sold for $950,000
  • 26 Dec 2008
    Listed for Sale $990,000
  • 13 Aug 2008
    Listed for Sale $1,250,000
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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.