118 Weeroona Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

118 Weeroona Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 811m2
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Property Details for 118 Weeroona St, Rye

Building Type
Land
Land Size
811m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP140134

Last Listing description (May 2024)

Strategically nestled, this property offers both convenience and accessibility.

A mere 15-minute walk takes you to the front beach, while a swift 3-minute drive leads to the supermarket and bustling shopping strip.

Set on an elevated 810sqm site, it not only provides easy access to Peninsula activities but also holds the promise of breathtaking panoramic views. Surrounded by well-treed bushland, it ensures privacy, while the quality homes in the vicinity contribute to a secure streetscape.

Ideal for those seeking an active lifestyle, the property is in proximity to The Dunes, Moonah Links, Gunnamatta, and St Andrews beaches. Whether it's the Alba and Peninsula Hot Springs or the charming beach cafes in Rye and Fingal's St Andrews brewery, leisure options are plentiful. Situated exactly one hour from Bayside via the Peninsula Link Freeway, this high-set gem elevates expectations. Rise above the tea-tree, appreciate the amenity, and envisage the panoramic potential of this prime site!

Property History for 118 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$420,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $420,000
  • 22 Sep 2023
    Listed for Sale $560,000-$600,000
  • 05 Apr 2023
    Listed for Sale $575,000-$625,000
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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 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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 78 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 353 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Cotality Copyright and Legal Disclaimers about Property Data
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.