SOLD
Sold on 10 Apr 2024 for $1,690,000

46 Karingal Drive
Wye River VIC 3234

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 168m2
Land area: 900m2
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Great Ocean Road Real Estate Lorne
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Property Details for 46 Karingal Dr, Wye River

Building Type
Commercial
Year Built
2019
Floor Size
168m2
Land Size
900m2
Local Government
Colac Otway
Lot/Plan
154/LP50268

Last Listing description (June 2024)

A Contemporary coastal architect designed home by Chris Connell Design in immaculate condition. The block of land has dual road frontage creating great space and elevation above the properties downhill which further enhances the expansive views.

Comprising 4 bedrooms, 3 bathrooms, 2 living areas and 3 separate decks in total. The floorplan is clever creating great flexibility with the downstairs self contained separate sleeping zone (4th bedroom) with ensuite and its own entrance.

Perfect for guests or extended family members to have their own private space. Ceiling to floor glazing maximising the view and soaks up the sun all year long.

Two wood fires, a split system, beautifully appointed kitchen and bathrooms, engineered timber flooring, large sliding doors to the decks, huge storage capacity and incredible access plus parking are all notable features of the property.

It's a luxurious yet subtle internal fit out inside the home and robustly built to withstand the harsh coastal conditions. It's a quality constructed beach home.

The property has a consistent holiday rental following with many repeat customers providing a strong rental return should you be interested.

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Property History for 46 Karingal Dr, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$1,690,000
10 Apr 2024
  • 10 Apr 2024
    Sold for $1,690,000
  • 22 Dec 2023
    Listed for Sale Not Disclosed
  • 11 Nov 2000
    Sold for $75,500

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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.
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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