OFF MARKET

1/8 Weeroona Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 274m2
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Property Details for 1/8 Weeroona St, Rye

1/8 Weeroona St, Rye is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 274m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1977
Land Size
274m2
Local Government
Mornington Peninsula
Lot/Plan
1/SP26673

Last Listing description (July 2024)

Welcome to the most convenient location in Rye! If you have been looking for the perfect investment or low maintenance holiday home/Airbnb property, this immaculate two bedroom home will be sure to tick every box.

Located just 130*m to the pristine waters of Rye foreshore, and a short walk to the centre of Rye Village ? every amenity you could possibly need is just moments from your doorstep. Providing a wide variety of dining options, outdoor activities, water sports, nature trails and day spas ? from this location you are spoilt for choice!

Presenting a generous land size of approximately 274*m2 and enjoying its own street frontage and front yard, this lovely unit also enjoys a sunny north-facing fully fenced rear courtyard featuring an undercover patio and shed, plus a single lock up garage, and the perfect place to enjoy your morning coffee or to entertain family and friends over the holidays.

Don't miss this fantastic opportunity ? book your private inspection today!

Property features

- Neat two bedroom brick veneer unit situated in one of the most sought-after streets in Rye.

- Located just 130*m to the pristine waters of the Rye Foreshore.

- Generous land size of approximately 274*m2 including its own street frontage and front yard.

- One of only three units.

- Currently leased on a month to month basis.

- Sunny north-facing courtyard complete with an undercover area and shed.

- Walk to Rye Village where you will find cafes, restaurants, and boutique shopping.

- Single lock-up garage.

*All measurements and distances are approximate only.

Property History for 1/8 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$700,000
31 Aug 2023
Listed for Rent
$270/w
27 Jan 2016
  • 31 Aug 2023
    Sold for $700,000
  • 23 Aug 2023
    Listed for Sale UNDER CONTRACT
  • 12 Jan 2016
    Listed for Rent - Price not available
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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 10,001 properties. Over the last 5 years, Houses in Rye have seen a 56.28% increase in median value, while Units have seen a 42.85% increase. As at 31 July 2024:

  • The median value for Houses in Rye is $1,064,595 while the median value for Units is $659,494.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 77 properties listed for sale, and 19 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Disclaimer
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.