19-23 Waterloo Street, Rhyll, VIC 3923 | House for sale | OnTheHouse
FOR SALE
Expressions of Interest - Closing 19/01/26 12pm

19-23 Waterloo Street
Rhyll VIC 3923

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 1987m2
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A slice of private luxury in the heart of Rhyll - Expressions of Interest

Welcome to your own private coastal sanctuary - a treetop retreat tucked away in the seaside village of Rhyll, where elevated views stretch across Swan Bay and Westernport Bay.
Set on an enviable 1987sqm (approximately half an acre) allotment, the home is designed to flow effortlessly, embracing tranquil outlooks, cooling bay breezes, and beautifully landscaped tropical and native gardens. Multiple living zones open onto expansive wraparound decking, creating a seamless connection between indoor and outdoor living.
Spanning three thoughtfully designed levels, the home impresses from the moment you step inside. The lower level offers a generous second living area opening to a large undercover entertaining deck, along with two bedrooms featuring built-in robes and a laundry with a combined additional bathroom.
The middle level houses the main bathroom complete with a large, relaxing bath, a powder room, and a fifth bedroom - ideal as a guest room or easily converted into a home office or studio with its own external access.
On the upper level, the master suite features a walk-in robe and ensuite, accompanied by a fourth bedroom. The heart of the home is the open-plan kitchen, renovated just two years ago, and featuring stone waterfall benchtops, a 900mm freestanding self-cleaning oven and cooktop, plus a dishwasher. The adjoining dining and living areas flow out to an elevated, uncovered treetop deck - the perfect spot to unwind and entertain on warm summer evenings.
Additional features include split-system heating and cooling, a solid wood heater, security system, instantaneous hot water system, solar panels, double-glazed windows, rewiring throughout, built-in window seating upstairs and downstairs, a double garage, and a double carport.
Surrounded by low-maintenance, park-like gardens, the home is just a short foreshore stroll to the Rhyll boat ramp, café, tavern, licensed store, and post office.
Located within 15 minutes of all major Phillip Island attractions, this property is perfectly suited as a permanent residence, holiday retreat, or investment opportunity. Further enhancing its appeal is the potential for additional development of the land (STCA), offering exciting possibilities for the future.
EXPRESSIONS OF INTEREST - CLOSING 19th January 2026 at 12pm (Unless Sold Prior)
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Property Details for 19-23 Waterloo St, Rhyll

19-23 Waterloo St, Rhyll is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 1987m2. The place is currently for sale with Barry Plant Phillip Island.

Building Type
House
Land Size
1987m2
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About Rhyll 3923

The size of Rhyll is approximately 16.1 square kilometres. It has 8 parks covering nearly 21.9% of total area. The population of Rhyll in 2016 was 568 people. By 2021 the population was 836 showing a population growth of 47.2% in the area during that time. The predominant age group in Rhyll is 60-69 years. Households in Rhyll are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rhyll work in a managers occupation.In 2021, 84.80% of the homes in Rhyll were owner-occupied compared with 81.80% in 2016.

Rhyll has 734 properties. Over the last 5 years, Houses in Rhyll have seen a 26.14% increase in median value, while Units have seen a 59.09% increase. As at 30 November 2025:

  • The median value for Houses in Rhyll is $777,796 while the median value for Units is $638,393.
  • Houses have a median rent of $330.
There are currently 9 properties listed for sale, and no properties listed for rent in Rhyll on OnTheHouse. According to Cotality's data, 29 properties were sold in the past 12 months in Rhyll.

Suburb Insights for Rhyll 3923

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Christie Spargo
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Barry Plant Phillip Island
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.