51-53 Morley AvenueWye River VIC 3234
Property Details for 51-53 Morley Ave, Wye River
51-53 Morley Ave, Wye River is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1992. The property has a land size of 2047m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (January 2022)
This award winning architect-designed coastal property (sited on half an acre) with world class views will command every buyers' attention!
A Col Bandy design of 30 years comprising 2 bedrooms 1 bathroom and a spectacular living/dining/kitchen/deck area boasting uninterrupted north east facing views.
Importantly, the home is positioned in the top west corner and the ample 33 metre frontage would easily accommodate an extension laterally or indeed below the current structure (STCA).
An iconic design for the area featuring ceiling to floor glass, timber flooring, steel framing, outstanding vehicle access into the home, unrivalled privacy, sun all year long and some beautiful mature native gum trees exist on title.
The undeniable underpinning value of the property is of course the unique 2000 sqm parcel of land that fronts the Great Ocean Road and affords one of the most spectacular coastline views in the entire Otway region.
Inspections and site access strictly only available with agent.
Expected price guide $2,250,000.
Property History for 51-53 Morley Ave, Wye River, VIC 3234
- 10 Jan 2022Sold for $2,315,000
- 13 Dec 2021Listed for Sale Contact Agent
- 24 Jul 1990Sold for $130,000
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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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