OFF MARKET

3 Lock Road
Rhyll VIC 3923

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1965m2
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Property Details for 3 Lock Rd, Rhyll

Building Type
Land
Land Size
1965m2
Local Government
Bass Coast
Lot/Plan
7~6/PP5674

Last Listing description (March 2024)

Situated mere footsteps from Rhyll?s scenic foreshore and lifestyle indulgences, this vacant land spanning an enormous 2,024m2 (approx.) offers a wealth of possibilities to create a tranquil sea change lifestyle. An easy amble to Rhyll Yacht Club, Rhyll Jetty, and Rhyll Park?s recreation, the site is set among Rhyll?s best leisure amenities, including an array of eateries and bars.

Zoned Mixed Use, the site opens the door to incredible opportunity for residential or commercial uses (subject to council approval), while offering already approved plans and permit for seven homes.

Each proposed home matches three robed bedrooms with two bathrooms, including a private ensuite to the master suite. The open plan layouts merge everyday living and dining with vibrant indoor-outdoor entertaining, with each home connecting to sundrenched yards for alfresco enjoyment. Finished with single garages plus additional off-street parking, the single-level homes are designed to suit a range of demographics looking to benefit from Rhyll?s tranquil surrounds.

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Property History for 3 Lock Rd, Rhyll, VIC 3923

A timeline of how this property has performed in the market
Last Sold
$1,045,000
06 May 2021
  • 02 May 2023
    Listed for Sale $1,400,000-$1,540,000
  • 16 May 2022
    Listed for Sale Sold
  • 13 Apr 2022
    Listed for Sale Sold
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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 19 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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