FOR SALE
EOI - OFFERS CLOSE 9th December

12 Dundas Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 861m2
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Prime Land: Steps from Beach & Shops!

Expressions Of Interest - Offers Close 5pm - Monday 9th December (Unless Sold Prior)
12 Dundas Street, Rye – Prime Location, Endless Potential
If you're looking for a project with great potential, 12 Dundas Street in Rye offers an exceptional opportunity. This generous 861 square metre block has the huge advantage of having no easements on the land and is just a block away from the beautiful Rye Beach and vibrant main shopping area, the location speaks for itself.
Features:
Unbeatable Location: Just a short stroll to Rye Beach and the main shopping precinct, where you'll find cafes, restaurants, shops, and all essential services.
Spacious Block: With 860 square metres of land, there’s plenty of room to create your dream beachside home or development (STCA).
Nearby Attractions: Conveniently located just 10 minutes from Sorrento and 15 minutes to Portsea, providing easy access to all the Mornington Peninsula has to offer.
Great Amenities: Close to parks, public transport, and recreational facilities, making it ideal for those looking to embrace the coastal lifestyle.
This property is perfect for your dream home, developers or investors looking to capitalize on a prime piece of real estate in a highly desirable area. With the right vision, 12 Dundas Street could be transformed into a stunning coastal retreat.
Seize the opportunity and unlock the potential of this incredible location!
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Property Details for 12 Dundas St, Rye

Building Type
Land
Land Size
861m2

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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2011 was 8,159 people. By 2016 the population was 8,423 showing a population growth of 3.2% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation. In 2011, 72.7% of the homes in Rye were owner-occupied compared with 71.6% in 2016.

Rye has 9,998 properties. Over the last 5 years, Houses in Rye have seen a 45.73% increase in median value, while Units have seen a 32.23% increase. As at 31 October 2024:

  • The median value for Houses in Rye is $1,030,203 while the median value for Units is $649,156.
  • Houses have a median rent of $590 while Units have a median rent of $480.
There are currently 91 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 319 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.