24-26 Mcrae Road, Wye River, VIC 3234 | Property Value & History | OnTheHouse
OFF MARKET

24-26 Mcrae Road
Wye River VIC 3234

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 906m2
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Last updated 22 Dec 2025
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Property Details for 24-26 Mcrae Rd, Wye River

24-26 Mcrae Rd, Wye River is a 3 bedroom, 2 bathroom House. The property has a land size of 906m2.

Building Type
House
Land Size
906m2
Local Government
Colac Otway
Lot/Plan
2/LP56350

Last Listing description (September 2025)

A rare land holding comprising 3 titles that total approximately half an acre of land and two road frontages (best access off McRae Road).

The existing house has been owned by the vendor for 38 years and is immaculately maintained.

Three bedrooms, two bathrooms, two large living areas and a substantial deck. The home also boasts incredible storage for all the beach toys!

The property is all about the ocean and coastline views plus year-round sunshine. Sweeping views of the Wye Point through to the main beach plus an expansive vista to Aireys Inlet Lighthouse, Separation Creek beach and a big blue horizon view to the east. Spectacular views can be enjoyed throughout the home, including from the ground floor.

Fantastic flexibility exists to enjoy the home on 3 titles to control view lines and great privacy, convert 3 titles to 2 larger titles to the shape of our choice, and a wide range of potential options to redevelop (STCA).

The location is in demand as the beach, pub, and shop are all an easy walk.

Undercover carparking for 2 cars plus additional off street car parking are available via a relatively flat concrete driveway.

A special coastal property not only for Wye River but the entire Great Ocean Road.

Property History for 24-26 Mcrae Rd, Wye River, VIC 3234

A timeline of how this property has performed in the market
  • 19 Sep 2025
    Listed for Sale $2,850,000
  • 30 Oct 2024
    Listed for Sale $2,850,000
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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 127.0% 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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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.