18 Iluka Avenue, Wye River, VIC 3234 | Property Value & History | OnTheHouse
OFF MARKET

18 Iluka Avenue
Wye River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 579m2
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Property Details for 18 Iluka Ave, Wye River

Building Type
Land
Land Size
579m2
Local Government
Colac Otway
Lot/Plan
22/LP22243

Last Listing description (April 2026)

Set high above the coastline in one of Wye Rivers most tightly held pockets, this exceptional 579sqm (approx.) parcel of vacant land presents a rare and increasingly scarce opportunity to create something truly special. Never built on and cleared of significant vegetation, it offers a genuine blank canvas, ready for you to bring your vision to life without compromise.

What immediately sets this site apart are the breathtaking, uninterrupted 180-degree cliff-top views that stretch across from the waves breaking on the shore out to the horizon. Taking in Wye Point and the ever-changing rhythm of the rolling waves below, the outlook is nothing short of spectacular. From sunrise to sunset, the coastal panorama provides a constant connection to the landscape, delivering a sense of space, calm and perspective that is hard to replicate.

The allotment offers flexibility in design, allowing you to maximise both the aspect and the incredible views, while creating a home that responds perfectly to its environment. Whether youre dreaming of a contemporary coastal escape or a permanent residence immersed in nature, this is a site that invites creativity and rewards thoughtful design.

Further enhancing the appeal, is the fact that there are architectural plans, available for purchase, for a beautifully designed home, by the renowned architect Lachlan Shepard that have previously been approved for the site, along with the extensive reports that are required to achieve a planning permit in this tightly controlled coastal setting. This body of work represents a significant head start, saving both time and effort while providing a clear pathway forward for those ready to build.
Positioned with Paddys Path immediately below the block, within easy reach of the Wye River township, beach and surrounding walking tracks, you are perfectly placed to enjoy everything this iconic stretch of the Great Ocean Road has to offer, while still enjoying a sense of privacy and elevation.

Opportunities to secure land of this calibre, with such commanding ocean views and a true sense of possibility, are few and far between. This is your chance to secure a world-class coastal setting and build the dream youve been waiting for. Reach out today to explore the potential of this remarkable site. This is The Place

Property History for 18 Iluka Ave, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$585,000
18 Sep 2019
  • 28 Apr 2026
    Listed for Sale $888,000
  • 18 Sep 2019
    Sold for $585,000
  • 15 Nov 2018
    Listed for Sale $599,000
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About Wye River 3234

The size of Wye River is approximately 35.8 square kilometres. There are 3 parks, covering nearly 127.0% of the total area. The population of Wye River in 2016 was 63 people. By 2021 the population was 67 showing a population growth of 6.4% in the area during that time. The predominant age group in Wye River is 60-69 years. Households in Wye River are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wye River work in a labourer occupation.In 2021, 76.90% of the homes in Wye River were owner-occupied compared with 61.50% in 2016.

Wye River has 382 properties. Over the last 5 years, Houses in Wye River have seen a 11.52% increase in median value, while Units have seen a -21.21% decrease. As at 30 June 2026:

  • The median value for Houses in Wye River is $967,099 while the median value for Units is $600,611.
There are currently no properties listed for sale, and no properties listed for rent in Wye river on OnTheHouse. According to Cotality's data, 10 properties were sold in the past 12 months in Wye river.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.