5 Shirlow AvenueRye VIC 3941
Property Details for 5 Shirlow Ave, Rye
5 Shirlow Ave, Rye is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 739m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 4 bedroom House sold in Rye in the last 12 months.
Last Listing description (March 2025)
Nestled just 170 meters from the pristine shores of Port Phillip Bay, 5 Shirlow Avenue offers a rare and exciting opportunity for those seeking to build their dream beachside escape. Set on an expansive 739m? allotment, this original three-bedroom, one-bathroom beach shack with additional outhouse is ready to be reimagined into something truly special. Whether you envision a major renovation or a complete rebuild (STCA), the possibilities are endless with this exceptional piece of land.
The current home, while in need of significant work, is brimming with potential. Its position, in one of Rye's most coveted locations, makes it the ideal site for your coastal sanctuary. With ample space to design your perfect retreat, you can take full advantage of the sprawling land and the convenient proximity to a variety of local amenities.
Imagine waking up every morning to the sound of the lapping waves and stepping out to enjoy long walks along the beach. With the vibrant Rye Foreshore and Village just a stone's throw away, you'll have immediate access to everything this beloved beach destination has to offer-swimming, sunbathing, and the thriving local community.
This property isn't just about the house-it's about the lifestyle. It's a chance to create a modern coastal haven that perfectly suits your needs, while being just moments from Rye's cafes, shops, and amenities. Whether you're looking for a permanent home, a weekend getaway, or a savvy investment, this land presents endless possibilities.
Seize the opportunity to craft your own piece of paradise at 5 Shirlow Avenue!
Property Features Include:
- Incredible location ? Just 170*m to the beach.
- Large level allotment measuring approximately 739*m2.
- Existing three bedroom dwelling plus outhouse in need of renovation.
- Original bathroom with separate toilet.
- Split system.
- Close to Rye township and Primary School.
- Excellent opportunity to capitalise on the potential of either a substantial redesign and renovation of the existing dwelling or reimagine the land with a stunning new home (stca).
*All distances and measurements are approximate only.
Property History for 5 Shirlow Ave, Rye, VIC 3941
- 01 Feb 2025Sold for $960,000
- 09 Jan 2025Listed for Sale SOLD
- 17 Oct 2023Listed for Rent $425 / week
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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.
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