OFF MARKET

38 Mcrae Road
Wye River VIC 3234

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 191m2
Land area: 466m2
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Property Details for 38 Mcrae Rd, Wye River

38 Mcrae Rd, Wye River is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 466m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2004
Floor Size
191m2
Land Size
466m2
Local Government
Colac Otway
Lot/Plan
1/LP18711

Last Listing description (April 2022)

A beautiful beach home designed by renowned coastal architect Zarinan Gurrie and Associates. Positioned so close to all the essential Wye River amenities (Beach, Pub, General Store). Facing North East to absorb year round sun and to enjoy fantastic ocean, beach and crashing wave views from the deck and multiple rooms throughout.

The triangle corner allotment of 466 sqm has lovely wide nature strip reserves and no neighbours providing rare privacy yet relatively easy to maintain. It also boasts incredible wind shelter during winter. Approximately 18 year old, the home is built over two levels and consists of 3 bedrooms, 2 bathrooms, connecting kitchen/dining/living, a double garage plus a handy craft/kids TV room/4th sleeping zone.

Features include hardwood flooring, expansive glazing, well appointed wet areas, great storage, ample water storage plus an extensive fire fighting sprinkler system, ducted heating/cooling and wood heater.

This is "top shelf" Wye River real estate in terms of location, views, rentability and a perfect holiday home design.

Price Expectation: $2,200,000

EXPRESSIONS OF INTEREST Closing 20 April at 12pm

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Property History for 38 Mcrae Rd, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$2,410,000
20 Apr 2022
  • 20 Apr 2022
    Sold for $2,410,000
  • 25 Mar 2022
    Listed for Sale Contact Agent
  • 11 Nov 2008
    Sold for $1,100,000
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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 377 properties. Over the last 5 years, Houses in Wye River have seen a 65.03% increase in median value, while Units have seen a -21.21% decrease. As at 31 October 2024:

  • The median value for Houses in Wye River is $1,049,421 while the median value for Units is $273,990.
There are currently 2 properties listed for sale, and no properties listed for rent in Wye river on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Wye river.

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