3 Illowra AvenueWye River VIC 3234
Property Details for 3 Illowra Ave, Wye River
Last Listing description (June 2024)
A rare "dead flat" vacant parcel of land in one of Wye's most private cul de sac locations. The 797 sqm block (16m frontage) has a concrete driveway established and due to the gentle topography, the eventual building costs will be much lower than construction on the usual steep terrain of the township.
A stunning west facing view over the Otway's will never be lost providing a sunset year-round and an amazing array of birdlife/wildlife literally at your doorstep.
This street has only 4 freehold titles in total and is incredibly private with no passing traffic. This is the second last vacant block in Illowra Avenue.
The beach is a 90 second drive or 10-15 minute's walk away and you can connect to some amazing bushwalking tracks within seconds.
Privacy, sun, views and exceptional building flexibility (STCA) will undoubtably attract your interest.
Inspect at your leisure.
Property History for 3 Illowra Ave, Wye River, VIC 3234
- 08 May 2024Sold for $365,000
- 28 Jun 2023Listed for Sale Not Disclosed
- 11 Apr 2018Sold for $100,000
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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.
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