{"id":40977,"date":"2021-05-20T01:59:34","date_gmt":"2021-05-19T14:59:34","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=40977"},"modified":"2021-05-20T01:59:34","modified_gmt":"2021-05-19T14:59:34","slug":"town-by-town-snapshot-wye-river-3","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/news\/town-by-town-snapshot-wye-river-3\/","title":{"rendered":"Town by town snapshot: Wye River"},"content":{"rendered":"<p>The size of Wye River is about 35.8 square kilometres with the population of Wye River recorded at 234 people in 2011 and by the 2016 Census the population was 51, showing a population decline of 78.2 per cent in the area during that time.<\/p>\n<p>This significant decline in population would mostly be due to the Christmas 2015 bushfires, which devastated the area and destroyed more than 100 homes in its path.<\/p>\n<p>Wye River is a small coastal town situated between Lorne and Apollo Bay, along one of the most spectacular sections of the Great Ocean Road.<\/p>\n<p>Located on the river it\u2019s named after, with a rugged and bushy mountain backdrop, it\u2019s picturesque scenery where the rainforest meets the sea is a visitor\u2019s delight.<\/p>\n<figure id=\"attachment_52677\" aria-describedby=\"caption-attachment-52677\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-52677\" src=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/wp-content\/uploads\/sites\/2\/2021\/05\/6SturtCourtWyeR_63759-1-300x181.jpg\" alt=\"\" width=\"300\" height=\"181\" \/><figcaption id=\"caption-attachment-52677\" class=\"wp-caption-text\">This spectacular Wye Rive home sold earlier this year for within the advertised price guide of $2,950,000 &#8211; $3,250,000.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>The town boasts a very popular caravan park beside the river, and the town\u2019s hotel is perched high above the beach, offering visitors great views while eating and drinking.<\/p>\n<p>The main sandy beach near the river mouth is patrolled during the warmer months of the year, while the surrounding rocky platforms, rock pools and reefs are great for fishing and exploring.<\/p>\n<p>CoreLogic data indicates the predominant age group in Wye River is 50-59 years, with households in Wye River being primarily childless couples and are likely to be repaying $1,000-$1,399 per month on mortgage repayments and in general, people in Wye River work in a labourer occupation.<\/p>\n<p>In 2011, 77.4 per cent of the homes in Wye River were owner-occupied compared with 61.5 per cent in 2016.<\/p>\n<p><strong>AGENT PERSPECTIVE:<\/strong><br \/>\n\u201cThe Separation Creek\/Wye River\/Kennett River property market has been exceptional during the 20\/21 financial year and performed at the same elite levels of any other popular Victorian coastal real estate markets.<\/p>\n<p>\u201cA record house price was achieved in Wye River and Kennett River plus near-record numbers of total transactions took place.<\/p>\n<p>\u201cIt\u2019s a very special seven-kilometre stretch on the iconic Great Ocean Road and will remain tightly held in high demand for next decade and beyond.\u201d<\/p>\n<p>Michael Coutts \u2013 Great Ocean Road Real Estate \u2013 Lorne<\/p>\n<p><strong>TIDBIT:<\/strong><br \/>\nWye River first became a popular place for Melburnians to holiday after the Great Ocean Road was officially opened in 1932.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The size of Wye River is about 35.8 square kilometres with the population of Wye River recorded at 234 people in 2011 and by the 2016 Census the population was 51, showing a population decline of 78.2 per cent in the area during that time. This significant decline in population would mostly be due to [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/news\/town-by-town-snapshot-wye-river-3\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":153,"featured_media":40978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-40977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Town by town snapshot: Wye River - Bellarine Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/news\/town-by-town-snapshot-wye-river-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town by town snapshot: Wye River - Bellarine Times\" \/>\n<meta property=\"og:description\" content=\"The size of Wye River is about 35.8 square kilometres with the population of Wye River recorded at 234 people in 2011 and by the 2016 Census the population was 51, showing a population decline of 78.2 per cent in the area during that time. 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