34 Riverside DriveWye River VIC 3234
Property Details for 34 Riverside Dr, Wye River
Last Listing description (February 2022)
An entry point land purchase opportunity (820 sqm) in this much desired coastal hamlet Wye River.
Panoramic ocean and Wye valley views are enjoyed from the top of the block and a private bush view still exists at the road frontage entry point off Riverside Drive.
Potentially a parking bay design to the low point of the block with a "walk up" to your dream beach house is a likely outcome. Other properties in the same street have achieved this design outcome.
A perfect opportunity for an experienced architect/builder to work on a challenging yet spectacular landscape and create something special for the area.
Property History for 34 Riverside Dr, Wye River, VIC 3234
- 26 Nov 2021Listed for Sale $350,000
- 29 Nov 2010Listed for Sale $620,000 - $660,000
- 17 Nov 2006Sold for $92,500
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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.
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