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7 Korowa Street, Rye$417,000
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7 Korowa Street

Rye, VIC 3941, Australia
$399,000 – $435,000
870 m²

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About this property

Encircled by a playground of stunning bay and surf beaches, this vacant 870m2 (approx) allotment entices with boundless potential to construct a visionary beachside home (STCA) for permanent or part time living. Cosseted within a quiet residential precinct with all essential services in place, the gently rising parcel would lend itself superbly to a spacious contemporary dual storey home and swimming pool with a soothing seaside ambience and tree-top outlook. A short drive to the cafes, restaurants and laidback beachside bars of bustling Rye town centre, the location will appeal to families and holidaymakers equally in this long adored coastal strip barely 90 minutes from Melbourne. With hot springs, golf courses, yachting facilities, hiking trails, wineries, breweries, day spas, calm bay breaches, crystal coves and surf breaks all within easy reach, this enviable locale delivers the ultimate destination for lifestyle lovers seeking a superb site for their brand-new home or holiday house. To be notified when inspections of this property become available, to be sent a copy of the contract, advised of property updates and new listings, simply submit an enquiry on this page. The Belle Property Southern Peninsula team is proud to be offering this property for sale. For further information, please contact Tim Bradler at the Blairgowrie Office on 0400 312 412 or tim.bradler@belleproperty.com Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence

Property Details

Property Type
land
Listing Type
For Sale
Land Area
870 m²
Listed
2 weeks ago

Repayment calculator

$2,022/month
$1,011 /fortnight
Loan $333,600 at 6.10% over 30 years

Upfront costs

Deposit$83,400
Stamp duty$20,090
Conveyancing (est.)$2,000
Total upfront$105,490
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 land in Rye, VIC 3941 sits within reach of public transport, local shops and nearby schools. It is listed 58% below the $992,250 median of 76 comparable landswithin 5 km.

Schools near Rye

  • Rye Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Golf Parade/Dundas St (bus)170 m away
  • Home Timber & Hardware915 m away
  • French Street Reserve877 m away
  • Recreation Reserve2.4 km away
  • Mathis Avenue Reserve2.6 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

Listing price changes

2 price changes recorded for this property

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