Nestled amongst the Ti-Trees, this elevated allotment is positioned within one of the more desirable areas of the Mornington Peninsula. Offering the astute buyer the opportunity to build their dream residence, investment property and/or holiday home, the allotment is situated on 863m2 approx and provides a tranquil atmosphere to be envious of. Capture the outlook, with beautiful and relaxing tree top views being the showpiece. Surrounded by quality designed homes, this is your blank canvas to establish your future. Opportunities to be based within such privacy and peacefulness rarely arise and you are truly limited only by your imagination. The allotment is located far enough away from the hustle and bustle, so you can enjoy the setting, however it s also conveniently positioned just a short walk to the Tasman Drive back beach and newly established caf .
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 10,056 properties. Over the last 5 years, Houses in Rye have seen a 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:
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