SOLD
Sold on 23 Feb 2024 for $1,220,000

34 Weeroona Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 1012m2
Sold By
Prentice Real Estate Rye / Sorrento
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Property Details for 34 Weeroona St, Rye

Building Type
Land
Floor Size
155m2
Land Size
1012m2
Local Government
Mornington Peninsula
Lot/Plan
119/LP5989

Last Listing description (February 2024)

Only 400 metres to bay and shops and just a short stroll to RSL, Rye hotel and pier. This perfectly positioned level site measures over 1000m2 offering you the choice to subdivide (STCA) or build your dream home. Either way you will be handsomely rewarded by this prime location. These offerings are becoming harder and harder to obtain be sure to inspect this wonderful site.

Property History for 34 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,220,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $1,220,000
  • 21 Dec 2023
    Listed for Sale $1,200,000 to $1,290,000
  • 26 Jun 2010
    Listed for Sale Not Disclosed
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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.