Stylish Coastal Living with Secure Investment Appeal

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2 Burdoo Street, Rye VIC 3941

$730,000 - $795,000

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$730k - $767k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 4 Cars 603 m² 106 m²

Listed: 6th Aug 2026

Updated: 35 days ago

Overview

Positioned in the heart of Rye, this well-appointed four-bedroom house offers an outstanding investment opportunity with a secure lease in place until March 2027 and a reliable rental return of $700 per week. The property's thoughtful design integrates contemporary finishes with practical living spaces, making it appealing both to investors seeking steady income and future residents desiring a comfortable coastal lifestyle.

The home's spacious open-plan living and dining area is complemented by a cosy Coonara wood fireplace and split system heating and cooling, providing year-round comfort. The kitchen is equipped with quality Bosch appliances, including an electric cooktop, oven, and dishwasher, ensuring functionality for everyday use and entertaining.

Accommodation includes four generous bedrooms; the primary and second bedrooms benefit from split system climate control, while built-in robes in three bedrooms add valuable storage. The main bathroom is a highlight with its double vanity, elegant arched mirrors, large walk-in shower, and a relaxing bathtub, underscoring the property's attention to detail and design.

Outdoor living is equally well catered for by an undercover entertaining area, perfectly suited for social gatherings or peaceful relaxation after a day exploring the Mornington Peninsula. The low-maintenance allotment of approximately 604 square meters balances ease of upkeep with providing ample outdoor space.

This property offers a secure and stylish coastal lifestyle, with easy access to Rye's pristine beaches, shopping, cafés, and other attractions, making it well-suited for investors and homebuyers alike.

Local Market Insights

In Rye, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 36 during the previous 30-day period, with an average advertised asking price of $1,193,152. The property type mix of listed properties is predominantly Houses at 92%, followed by land (8%). The most active agency for houses in the Rye area is currently Your Property Agent, representing 32% of new listings, followed by Crowders Real Estate with 27%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.