FOR SALE
$700,000 - $750,000

12 Glen Drive
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 901m2
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True Gem in Rye

This stunning residential land is a true gem, offering endless possibilities for your dream home. Situated on a generous 901 sqm block, this property presents a rare opportunity to create your own private oasis.
Located in the highly sought-after area of Rye, this prime piece of land is surrounded by beautiful natural scenery and boasts a peaceful and tranquil atmosphere. Imagine waking up to the sound of birds chirping and enjoying the serenity of this picturesque location.
The land offers ample space to design and build your dream residence, allowing you to bring your vision to life. Whether you envision a contemporary masterpiece, or a luxurious family home, the possibilities are endless.
Situated in the Morning Peninsula area, within 1km (walking distance) from Rye Beach and town shops, cafes and restaurants. Whether you are looking for a great investment block, a place to build your retirement home or simply to build your dream holiday home and enjoy a getaway in one of Melbournes most popular beaches, this rare parcel of land ticks all the boxes.
For more information contact Gavin Liu on 0406 679 777 or Chloe Zang on 0430 034 988
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Property Details for 12 Glen Dr, Rye

Building Type
Land
Land Size
901m2

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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, 318 properties were sold in the past 12 months in Rye.

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Gavin Liu
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Chloe Zang
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Hoyee Property Group
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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.