OFF MARKET

1-5 Settlement Road
Rhyll VIC 3923

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 120m2
Land area: 169000m2
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Property Details for 1-5 Settlement Rd, Rhyll

1-5 Settlement Rd, Rhyll is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 169000m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2009.

Building Type
House
Year Built
1960
Floor Size
120m2
Land Size
169000m2
Local Government
Bass Coast
Lot/Plan
1/TP83809

Last Listing description (August 2024)

Perfectly positioned within minutes to the superb Silverleaves beach and complimented by mostly rural surrounds, yet just a few minutes drive from the Cowes main centre, this 16.9 Hectare allotment offers exciting potential to create your dream lifestyle property (STCA).

With a breathtaking outlook, the property provides a peaceful sanctuary with a comfortable three bedroom cottage plus a self contained studio currently operating as an airbnb.

A large shed measuring 11.5 metres by 7.5 metres, ideal for storage or as a home business, stands proud on the immaculately kept lawn area and boasts remote control doors and power. There is also some open shedding for additional storage of wood, machinery or other vehicles.

The separate studio comprises an open plan kitchen, living area, one bedroom and a bathroom together with an outdoor north facing patio area.

With every convenience in easy reach plus excellent access to the Silverleaves General Store, Cowes Golf course, and the beautiful safe swimming beach at Silverleaves within a short stroll, this rare property offers a blend of country charm and an outstanding opportunity.

Additional features: 100,00,000 litres of water tank storage, split system heating/cooling, combustion fire

This property for sale is proudly presented to you by Ray White Real Estate Phillip Island.

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Property History for 1-5 Settlement Rd, Rhyll, VIC 3923

A timeline of how this property has performed in the market
Last Sold
$1,000,000
27 Feb 2009
  • 15 Jan 2022
    Listed for Sale $1,595,000
  • 01 Apr 2015
    Listed for Sale $895,000
  • 14 Mar 2011
    Listed for Sale 449000
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About Rhyll 3923

The size of Rhyll is approximately 16.1 square kilometres. It has 8 parks covering nearly 21.9% of total area. The population of Rhyll in 2011 was 674 people. By 2016 the population was 582 showing a population decline of 13.6% in the area during that time. The predominant age group in Rhyll is 60-69 years. Households in Rhyll are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rhyll work in a trades occupation. In 2011, 80.9% of the homes in Rhyll were owner-occupied compared with 81.8% in 2016.

Rhyll has 725 properties. Over the last 5 years, Houses in Rhyll have seen a 40.93% increase in median value, while Units have seen a 48.42% increase. As at 31 October 2024:

  • The median value for Houses in Rhyll is $789,626 while the median value for Units is $559,092.
  • Houses have a median rent of $330.
There are currently 18 properties listed for sale, and no properties listed for rent in Rhyll on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Rhyll.

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