Perched in an elevated position with stunning outlooks, this property presents an exceptional opportunity to design your dream home or build to sell (STCA). Boasting a central location, it offers easy access to many of the Peninsula's premiere attractions. A mere 4-minute drive takes you to Rye Pier, while Alba Hot Springs is a convenient 7-minutes away. Golf enthusiasts will appreciate the proximity to The Dunes Golf Course and Lodge, just 5 minutes away, while beach lovers can enjoy the beauty of St. Andrews Beach within a 9-minute drive.
Nestled on a tranquil street among quality homes, the opportunity to create something truly unique is here! With endless potential, this property offers the chance to curate your personal sanctuary in one of Mornington Peninsula's most coveted locations.
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 9,986 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:
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