OFF MARKET

1 Weeroona Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 891m2
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Property Details for 1 Weeroona St, Rye

1 Weeroona St, Rye is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 891m2. While the property is not currently for sale or for rent, it was last transferred in June 2007.

Building Type
House
Land Size
891m2
Local Government
Mornington Peninsula
Lot/Plan
140/LP5989

Last Listing description (February 2021)

Resales are estimated to be between $990,000- $1,150,000 depending on each townhouse and current rental return on existing three small units equates to $700 p/w. Located very close to the beach and very close to the major shopping precinct of Rye.

All plans approved by council and ready to break ground. All permits allocated including Arborist report. Blocks of this size allowing for three townhouses of approx. 22 sqs each no longer apply unless through VCAT.


Stunning and spacious is how these three incredible townhouses will be described. Although all three floor plans are varied, the same features apply in all of them so you can select which townhouse best suits your clients needs.

The downstairs Master bedroom is complete with a walk in robe and ensuite that has been well designed to be as private as possible. The open plan kitchen and living is light filled with quality finishing. Upstairs is complimented with another living space, bathroom and two further large bedrooms, both with built in robes.

Each kitchen seems to be have been designed to suit the most fastidious of chefs with plenty of stone bench space and storage. Butlers pantries and large fridge cavities have not been forgotten.

These designs will gain a lot of interest due to their location and floor plans.

Property History for 1 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Transferred
29 Jun 2007
  • 07 Apr 2020
    Listed for Sale $1,175,000 - $1,200,000
  • 29 Jun 2007
    Transferred
  • 19 Jan 1997
    Sold for $87,000
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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 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 90 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 319 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.