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24 Inala Street, Rye$1.05m
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For Salehouse

24 Inala Street

Rye, VIC 3941, Australia
$1m – $1.10m
3 bed 1 bath 2 car2134 m²

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About this property

TSet in a quiet, elevated pocket of Rye, this is not a conventional property. It's a large landholding (over ½ acre) with expansive views, currently leased and best suited to buyers taking a longer-term view. The property is tenanted until April 2028, providing holding income while you plan your longer-term use. Whether that's a future coastal move, holding onto a large block with views that are increasingly hard to come by, or a more substantial redesign, the value here sits in the combination of position, scale, and outlook. The home itself is well presented and functional, with three generous bedrooms, a study, and flexible living zones. The open-plan kitchen, dining and lounge connect to an expansive balcony with wide views, including sunsets to the west and Arthurs Seat to the east. Direct access to French Street Reserve through native bushland enhances the sense of privacy and separation, while still being a short 300m walk to the local café and within easy reach of beaches, walking trails, golf courses, spas and all the Peninsula has to offer. Important considerations: · Steep driveway not for all buyers, but key to the elevation, privacy and views; looks more intimidating than it is. Pedestrian access also available via private bush path to French Street Reserve (ideal for dogs) · Tenanted property limited inspection availability; best suited to buyers comfortable purchasing with minimal disruption This is a selective opportunity for a buyer who understands the trade-offs and sees the long-term upside. Inspection by appointment only.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
2134 m²
Listed
3 months ago

Repayment calculator

$5,090/month
$2,545 /fortnight
Loan $840,000 at 6.10% over 30 years

Upfront costs

Deposit$210,000
Stamp duty$57,750
Conveyancing (est.)$2,000
Total upfront$269,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Rye

This 3-bedroom house in Rye, VIC 3941 sits within reach of public transport, local shops and nearby schools. It is listed 21% above the $870,000 median of 77 comparable houseswithin 5 km.

Schools near Rye

  • Rye Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Golf Parade/Dundas St (bus)896 m away
  • Home Timber & Hardware682 m away
  • French Street Reserve251 m away
  • Recreation Reserve3.2 km away
  • Mathis Avenue Reserve3.3 km away

Rye at a glance

Full suburb profile
Population
9,438
Median age
51
Household income
$1,334/wk
Median rent
$372/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Rye price trend

Median sold · House 3 bed

Compound growth -6.7% / yr over 4 yrs

$873kcurrent median

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Price history

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