SOLD
RECENT ADVICE
Sold on 10 Apr 2024 for $420,000

118 Weeroona Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 810m2
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Property Details for 118 Weeroona St, Rye

Building Type
Land
Land Size
810m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP140134

Last Listing description (April 2024)

Strategically nestled, this property offers both convenience and accessibility.

A mere 15-minute walk takes you to the front beach, while a swift 3-minute drive leads to the supermarket and bustling shopping strip.

Set on an elevated 810sqm site, it not only provides easy access to Peninsula activities but also holds the promise of breathtaking panoramic views. Surrounded by well-treed bushland, it ensures privacy, while the quality homes in the vicinity contribute to a secure streetscape.

Ideal for those seeking an active lifestyle, the property is in proximity to The Dunes, Moonah Links, Gunnamatta, and St Andrews beaches. Whether it's the Alba and Peninsula Hot Springs or the charming beach cafes in Rye and Fingal's St Andrews brewery, leisure options are plentiful. Situated exactly one hour from Bayside via the Peninsula Link Freeway, this high-set gem elevates expectations. Rise above the tea-tree, appreciate the amenity, and envisage the panoramic potential of this prime site!

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Property History for 118 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$420,000
10 Apr 2024
  • 04 Apr 2024
    Sold for $420,000
  • 22 Sep 2023
    Listed for Sale $560,000-$600,000
  • 05 Apr 2023
    Listed for Sale $575,000-$625,000

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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 10,000 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 93 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Rye.

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