61 Karingal DriveWye River VIC 3234
Property Details for 61 Karingal Dr, Wye River
Last Listing description (September 2021)
A beautifully proportioned 720 sqm vacant allotment with an 18 metre frontage plus a correctly engineered retaining wall and driveway ready to use.
Importantly, the block has a planning permit fully approved by Colac Otway Shire that if commenced by February 2022 you will have two further years to construct and complete the architect designed home.
Sensational ocean, Wye Point and beach views are enjoyed over the entire block and the lovely bush aspect is equally special to the rear boundary.
Its sunny due to the elevation, private and very well maintained.
Property History for 61 Karingal Dr, Wye River, VIC 3234
- 20 Sep 2021Sold for $627,500
- 06 Jul 2021Listed for Sale $640,000
- 05 Apr 2017Sold for $250,000
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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.
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