FOR SALE
$650,000

61 Murray Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 539m2
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Prime Land Opportunity in Rye, Tyrone Foreshore anyone?

Discover the perfect canvas for your dream home on Murray Street in the charming coastal town of Rye. This affordable parcel of land on 539m2 (approx.) in the Tyrone foreshore area, offers immense potential for first time buyers or savvy investors looking to capitalize in a sought after area. With the beautiful beaches of the Mornington Peninsula just a short walk away, you can enjoy sun, surf, and sand whenever you please. Blairgowrie shopping village is close by which gives you plenty of options for a drink or a bite to eat.
Rye is renowned for its relaxed lifestyle and vibrant community. Renowned local schools such as Rye Primary School and Rosebud Secondary College are within easy reach, making this an ideal spot for families. The bustling Rye township offers a variety of shops, cafes, and essential services, ensuring all your needs are met without having to travel far.
For nature enthusiasts, the nearby Mornington Peninsula National Park provides ample opportunities for hiking, picnicking, and exploring. Golf lovers will appreciate the proximity to several top notch golf courses, providing endless recreation options. This prime location offers both tranquility and convenience, making it a sought after destination for those looking to build their future home with room for a pool (STCA)
Seize this rare opportunity to secure affordable land in one of Victoria's most desirable coastal regions. Contact Crowders Real Estate today to learn more about this fantastic property and start planning your dream project. Act now, because this prime piece of real estate is here to be sold to a lucky buyer.
Proudly marketed by the team at Crowders Real Estate Mornington Peninsula.
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Property Details for 61 Murray St, Rye

Building Type
Land
Land Size
539m2

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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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