27 Weir Street
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About this property
27 Weir Street, Rye presents an exceptional opportunity for homeowners, investors, and developers alike. Set in a highly sought-after beachside location, this well-maintained three-bedroom home is in good condition and ready to live in or lease immediately. The real value lies in the future potential planning permit approved to construct four townhouses, offering a rare and lucrative development opportunity in one of Rye's most desirable pockets. Just moments from the beach and local amenities, this versatile property gives you the choice: Move in and enjoy the coastal lifestyle Rent out for immediate income Develop now or landbank for the future Opportunities like this don't come around often. Whether you're looking to live, invest, or develop, the choice is yours.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Land Area
- 1015 m²
- Listed
- 3 months ago
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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 22% above the $1.14m median of 67 comparable houseswithin 5 km.
Schools near Rye
- Rye Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Ozone St/Bimble St (bus) — 99 m away
- BWS — 308 m away
- Recreation Reserve — 1.4 km away
- Unnamed — 1.4 km away
- Mathis Avenue Reserve — 1.9 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
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Full Rye marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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