OFF MARKET

50 Karingal Drive
Wye River VIC 3234

Bedrooms: 4
Bathrooms: -
Car spaces: 2
Land area: 658m2
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Property Details for 50 Karingal Dr, Wye River

Building Type
Land
Land Size
658m2
Local Government
Colac Otway
Lot/Plan
156/LP50268

Last Listing description (November 2017)

All the painstaking work to obtain a planning permit is competed and passed onto new owner.
The house design is by well known Bellemo and Cat architect firm in Melbourne who were long term Wye River property owners understanding the area intimately.
The 659 sqm block has two street frontages with best access from the low side of Karingal Drive.

Lovely ocean views are on show from every room in the approved design. The beach and Wye Point are also featured through the mature gums in front.
An established house on 48 Karingal exists and with only one other block to the east this home will have a great feeling of space.
Build your family beach home!

Property History for 50 Karingal Dr, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$243,000
19 Dec 2017
  • 19 Dec 2017
    Sold for $243,000
  • 08 Sep 2017
    Listed for Sale Not Disclosed
  • 02 Apr 2015
    Listed for Sale $530,000

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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.
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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.