33 Wallace Street, Wye River, VIC 3234 | Property Value & History | OnTheHouse
OFF MARKET

33 Wallace Street
Wye River VIC 3234

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 106m2
Land area: 986m2
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Property Details for 33 Wallace St, Wye River

33 Wallace St, Wye River is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 986m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Floor Size
106m2
Land Size
986m2
Local Government
Colac Otway
Lot/Plan
14/LP22243

Last Listing description (June 2021)

Enjoy this world class completely unimpeded Wye River beach and point view, situated in one of the most desirable positions on the Great Ocean Road and enhanced by the crashing waves immediately below and two blocks of land, each on separate titles.
One of the most dramatic settings, very private and so close to all the essential township amenities. You can walk everywhere!
Comprising 3 bedrooms, 2.5 bathrooms, 2 living areas, the property is nestled at the end of Wallace Street and has legal vehicle access via the southern entrance of 'Paddys Path'. Locally built, very well appointed, with a layout that is perfect for families and anyone looking to holiday rent the home. Every room has a view!

The bifold doors in both the upstairs and downstairs living rooms are a strikingly clever design element. See, hear, smell and feel the ocean 100m below.
The land parcel of 1,720sqm approx. is made up of 2 clear titles with the house built completely on the front block. A second home could be constructed (STCA) on the rear block, which has legal access from Iluka Avenue from behind.
The two blocks provide you great flexibility, future liquidity or indeed controlled privacy.
In summary, amazing views, complete walking capability, fantastic further development potential, and an amazing, 10 year old coastal designed home.

Property History for 33 Wallace St, Wye River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$2,500,000
03 Jun 2021
  • 03 Jun 2021
    Sold for $2,500,000
  • 06 Apr 2021
    Listed for Sale Contact Agent
  • 13 Jan 2004
    Sold for $585,000
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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 26.20% increase in median value, while Units have seen a -21.21% decrease. As at 28 February 2026:

  • The median value for Houses in Wye River is $1,103,655 while the median value for Units is $456,085.
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.

Suburb Insights for Wye River 3234

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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.