129 Weeroona Street, Rye, VIC 3941 | House for sale | OnTheHouse
 
FOR SALE
$780,000 - $850,000

129 Weeroona Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 1014.99m2
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Sat 21 Feb 2:00 pm
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Elevated Coastal Living on Generous block over 1000m² in Rye

Set in a quiet, leafy pocket just moments from the heart of Rye, 129 Weeroona Street presents an outstanding opportunity to secure a substantial 1014m² (approx.) parcel in a highly sought-after coastal location. Elevated and private, the property offers space, tranquillity and exciting future potential.
The upper level of the home features two well-proportioned bedrooms alongside the main living area, creating a comfortable and light-filled space to relax and unwind. Warm timber floors and a striking stone gas fireplace anchor the open-plan living zone, which flows seamlessly out to an expansive deck area - partially covered and ideal for year-round entertaining. Whether hosting family and friends or enjoying quiet evenings outdoors, this space is a standout feature.
The outdoor area is further enhanced by a wood-fired gourmet oven, adding character and making entertaining effortless in all seasons.
Downstairs, the home offers a separate third bedroom and second bathroom, providing excellent flexibility for guests, teenagers or extended family, as well as a degree of separation from the main living zones upstairs.
The generous block size also highlights the property's strong renovation or enhancement potential. There is ample room to update, or extend (STCA), making this an appealing option for renovators, investors or those looking to create their ideal Peninsula home.
Completing the package is an enclosed garage plus carport, offering secure parking and additional storage.
Located just minutes from Rye's township, beaches, cafes and all the lifestyle attractions of the Mornington Peninsula, this property delivers a rare combination of land size, liveability and future opportunity.
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Property Details for 129 Weeroona St, Rye

129 Weeroona St, Rye is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1014.99m2. The place is currently for sale with Hodges Rye.

Building Type
House
Land Size
1014.99m2
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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 2016 was 8416 people. By 2021 the population was 9438 showing a population growth of 12.1% 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 2021, 75.40% of the homes in Rye were owner-occupied compared with 71.60% in 2016.

Rye has 10,055 properties. Over the last 5 years, Houses in Rye have seen a 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:

  • The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
  • Houses have a median rent of $600 while Units have a median rent of $493.
There are currently 74 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 349 properties were sold in the past 12 months in Rye.

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Rachael Holman
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Hodges Rye
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