FOR SALE
$619,000 to $680,000

17 Fairway Drive
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 743.2m2
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Prime Residential Land Opportunity Near Tyrone Beach in Rye

Discover the perfect canvas for your dream home on this exceptional block of land located at 17 Fairway Drive, Rye. This pristine piece of real estate offers a unique blend of natural beauty, convenience, and investment potential.
Nestled in a quiet and private street, this spacious parcel of land boasts a gently sloping topography and is lightly tree'd, making it an ideal site for your future home. The flat terrain not only ensures ease of construction but also significantly reduces building costs, allowing you to maximize your investment.
One of the standout features of this property is its proximity to the stunning Tyrone Beach, just a stone's throw away. Imagine strolling to the beach whenever the mood strikes, enjoying breath taking sunsets, and making the most of coastal living.
This welcoming neighbourhood is characterized by great neighbours, ensuring a sense of community and security. Whether you're seeking a permanent residence, a holiday escape, or an investment opportunity, this land offers it all. The potential for building a high-value property in this sought-after location is unparalleled, and the future return on investment is promising.
Don't miss out on this golden opportunity to secure your own piece of paradise in one of Rye's most coveted areas. Properties in this location consistently command top dollar, making this land a smart choice for those looking to build their dream home or for builders seeking a lucrative project. Act now and turn your real estate dreams into a reality at 17 Fairway Drive, Rye.
For more information or to arrange a viewing, please contact us today. Your coastal dream awaits!
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Property Details for 17 Fairway Dr, Rye

Building Type
Land
Land Size
743.2m2

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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 9,987 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:

  • The median value for Houses in Rye is $1,041,400 while the median value for Units is $607,386.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 91 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Rye.

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