7 Korowa StreetRye VIC 3941
Property Details for 7 Korowa St, Rye
Last Listing description (July 2026)
Encircled by a playground of stunning bay and surf beaches, this vacant 870m2 (approx) allotment entices with boundless potential to construct a visionary beachside home (STCA) for permanent or part time living.
Cosseted within a quiet residential precinct with all essential services in place, the gently rising parcel would lend itself superbly to a spacious contemporary dual storey home and swimming pool with a soothing seaside ambience and tree-top outlook.
A short drive to the cafes, restaurants and laidback beachside bars of bustling Rye town centre, the location will appeal to families and holidaymakers equally in this long adored coastal strip barely 90 minutes from Melbourne.
With hot springs, golf courses, yachting facilities, hiking trails, wineries, breweries, day spas, calm bay breaches, crystal coves and surf breaks all within easy reach, this enviable locale delivers the ultimate destination for lifestyle lovers seeking a superb site for their brand-new home or holiday house.
To be notified when inspections of this property become available, to be sent a copy of the contract, advised of property updates and new listings, simply submit an enquiry on this page.
The Belle Property Southern Peninsula team is proud to be offering this property for sale. For further information, please contact Tim Bradler at the Blairgowrie Office on 0400 312 412 or tim.bradler@belleproperty.com
Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence
Property History for 7 Korowa St, Rye, VIC 3941
- 26 Jun 2026Listed for Sale NEW PRICE $399,000 - $435,000
- 16 Jan 2026Listed for Sale $490,000 - $539,000
- 15 Apr 2025Listed for Sale $770,000 - $820,000
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0About Rye 3941
The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,062 properties. Over the last 5 years, Houses in Rye have seen a -10.13% decrease in median value, while Units have seen a 11.93% increase. As at 30 June 2026:
- The median value for Houses in Rye is $965,905 while the median value for Units is $654,099.
- Houses have a median rent of $600 while Units have a median rent of $503.
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