2/40-42 Weeroona Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

2/40-42 Weeroona Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 240m2
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Property Details for 2/40-42 Weeroona St, Rye

2/40-42 Weeroona St, Rye is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 240m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1977
Floor Size
81m2
Land Size
240m2
Local Government
Mornington Peninsula
Lot/Plan
2/RP9372

Last Listing description (January 2022)

Gorgeous 2 bedroom unit located only a short walk to the shops and beach.

Offering a fabulous entertainers kitchen with dishwasher and plenty of storage space, a modern bathroom , 2 good sized bedrooms and a light filled lounge room opening onto a stunning deck.

Also featuring a lockup garage, rear courtyard and a split system in the lounge and 2nd bedroom, this truly is the great beach getaway.

Property History for 2/40-42 Weeroona St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$645,000
10 Jan 2022
Listed for Rent
27 Nov 2018
  • 10 Jan 2022
    Sold for $645,000
  • 22 Nov 2021
    Listed for Sale $640,000 to $680,000
  • 05 Nov 2018
    Listed for Rent - Price not available
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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 10,053 properties. Over the last 5 years, Houses in Rye have seen a 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 69 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 345 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.