5 Riverside DriveWye River VIC 3234
Property Details for 5 Riverside Dr, Wye River
Last Listing description (July 2014)
5 RIVERSIDE DRIVE
THIS FRESHLY RENOVATED BEACH HOUSE IS IDEAL FOR A COUPLE OR A FAMILY SEEKING A RELAXED COASTAL GETAWAY. SET AMONGST THE TALL GUM TREES OF WYE RIVER THIS PROPERTY HAS AN EXPANSIVE DECK WITH OCEAN VIEWS AND BREAKING WATER THAT ALLOWS YOU TO TRULY ENJOY THE OUTDOORS. WITH TWO BEDROOMS, 1 BATHROOM, A NEW KITCHEN FIT OUT AND A WOOD FIRE IN THE LOUNGE TO KEEP THE WHOLE PROPERTY SNUG IN THE COOLER MONTHS, THIS HOUSE EXUDES A SIMPLE YET STYLISH INTIMATE FEEL. SET ON A LARGE GRASS SLOPING BLOCK THIS PROPERTY IS WITHIN WALKING DISTANCE TO THE BEACH. OTHER FEATURES INCLUDE: REVERSE CYCLE HEATING/COOLING & DISHWASHER, ABUNDANCE OF BIRD & WILDLIFE, WOOD FIRE, AMPLE OFF STREET PARKING, EXPANSIVE DECK, TOOL STORAGE SHED. CURRENTLY ENJOYING GOOD RETURNS AS A HOLIDAY RENTAL PROPERTY.
Property History for 5 Riverside Dr, Wye River, VIC 3234
- 21 Feb 2024Sold for $1,030,000
- 28 Oct 2014Sold for $520,000
- 12 Jul 2014Listed for Sale $550,000
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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.
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