SOLD
Sold on 02 Feb 2024 for $590,000

74 Weeroona Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 711m2
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Property Details for 74 Weeroona St, Rye

74 Weeroona St, Rye is a 0 bedroom, 0 bathroom House. The property has a land size of 711m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
711m2
Local Government
Mornington Peninsula
Lot/Plan
90/LP19188

Last Listing description (July 2022)

If you are looking for a great site for your own brand new beach resort, you will find nothing better than this.

Two streets away from the central shopping, dining and entertainment precinct of Rye, across the road from Rye Yacht Club and foreshore reserve, a graceful luxurious 3-storey residence has been designed. Town planning approval is in place. Vegetation removal has been completed. There is good chance to start the construction soon and move in by next summer!

Your future 48square beach resort will consist of 60square meters of verandah / deck outdoors complemented by a swimming pool and landscaped garden, and 4 bedroom, 3 living areas (including rumpus) and 3 bathrooms inside, including 6-meter wide master ensuite and 5-meter long walk-in-robe. There is scope to put in a lift. Needless to say, all finishes and fittings will be solid, elegant and chic. Well-appointed and quality built premium home like this is always in great demand.

Sitting high above the street, the views towards the north and east are surreal. Top level master bedroom further offers bay view potential.

Does this site tick all the boxes on your wish list? If so please do not hesitate to enquire.

Property History for 74 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$590,000
02 Feb 2024
  • 02 Feb 2024
    Sold for $590,000
  • 30 Mar 2022
    Listed for Sale $730,000 to $770,000
  • 09 Jun 2017
    Sold for $255,000
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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 9,998 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 91 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 318 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.