19-21 Great Ocean Road, Wye River, VIC 3234 | Property Value & History | OnTheHouse
 
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19-21 Great Ocean Road
Wye River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 106m2
Land area: 1545m2
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Property Details for 19-21 Great Ocean Rd, Wye River

Building Type
Commercial
Floor Size
106m2
Land Size
1545m2
Local Government
Colac Otway
Lot/Plan
1/TP176550

Last Listing description (June 2022)

JLL Hotels & Hospitality Group takes great pleasure in offering for sale the much loved Wye Beach Hotel, Wye River.

Offered to market for the first time in 40 years, the Wye Beach Hotel presents a truly once in a generation opportunity to acquire an iconic coastal hotel located within Victoria's famous Great Ocean Road tourism region.


Key investment highlights include:

* Absolute waterfront location with unrivalled views across Wye Beach and beyond
* Nestled between Lorne and Apollo Bay on the world famous Great Ocean Road touring route, less than 2.5 hours from Melbourne
* Multiple trading zones featuring an extensive front deck with panoramic ocean views
* Recently added, architecturally designed functions & events space with 200-patron capacity
* Includes 'General' 1am liquor licence
* Tangible trading upside by reinstating accommodation facilities with the potential to develop further rooms (STCA)
* Significant 2,211sqm* oceanfront land-bank in the centre of town
* Great Ocean Road tourism region is a thriving visitor economy attracting over 7 million visitors annually

*Approx.

Presented for sale for the first time in 40 years, this is an incredible opportunity to acquire a long-standing coastal icon with an enviable oceanfront location.

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Property History for 19-21 Great Ocean Rd, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$5,500,000
26 May 2022
  • 26 May 2022
    Sold for $5,500,000
  • 24 Mar 2022
    Listed for Sale Contact Agent
  • 25 Feb 2015
    Sold
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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 127.0% of 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 381 properties. Over the last 5 years, Houses in Wye River have seen a 48.12% increase in median value, while Units have seen a -21.21% decrease. As at 30 November 2025:

  • The median value for Houses in Wye River is $1,257,618 while the median value for Units is $347,881.
There are currently no properties listed for sale, and no properties listed for rent in Wye river on OnTheHouse. According to Cotality's data, 8 properties were sold in the past 12 months in Wye river.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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