OFF MARKET

2/8 Weeroona Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 171m2
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Property Details for 2/8 Weeroona St, Rye

2/8 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 171m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
1977
Land Size
171m2
Local Government
Mornington Peninsula
Lot/Plan
2/SP26673

Last Listing description (July 2018)

Perfect for retirees or investors looking for a low maintenance property in a convenient location just metres to the beach and the shops. This solid brick veneer unit has a spacious light filled living and meals area, functional kitchen, 2 good sized bedrooms, bathroom, separate toilet and laundry. Single lock up garage, covered outdoor area and low maintenance courtyard.

Property History for 2/8 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$450,000
14 Jun 2018
Listed for Rent
$250/w
02 Sep 2010
  • 14 Jun 2018
    Sold for $450,000
  • 23 May 2018
    Listed for Sale $440,000 - $480,000
  • 16 Dec 2014
    Transferred
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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.

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.