Rye at a glance
9,756
People
$968,750
Median sale
$573/wk
Median rent
3.08%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
VIC › Rye › Creedmore Dr
$1,150,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,150,000
Asking
No recorded sale for this property.
Rye at a glance
9,756
People
$968,750
Median sale
$573/wk
Median rent
3.08%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Rye
+18.7%
Median sale
Suburb $968,750
-0.49 pp
Gross yield
Suburb 3.08%
Suburb median $968,750 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$69,745 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Rye's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $573/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Rye at a glance
9,756
People
$968,750
Median sale
$573/wk
Median rent
3.08%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Scott Kim Real Estate*** INSPECTIONS BY APPOINTMENTS ONLY***
Please enquire online or call our office (open 7 days) on (03) 9808 0481 for a PRIVATE VIEWING of this stunning home.
Beautifully presented and thoughtfully refreshed, this spacious family residence set on 1204sqm. combines flexibility, comfort and relaxed coastal living, offering three generous bedrooms, two well-appointed bathrooms and multiple living zones enhanced by soaring ceilings, abundant natural light, fresh paint and new flooring throughout. A beautifully sunlit lounge welcomes you on the lower level, accompanied by a modern bathroom, laundry and oversized bedroom ideal for self-contained living or guest accommodation, while upstairs an expansive family room flows effortlessly to the generous kitchen and dining area, alongside two additional bedrooms with built-in robes. Completing the home is a spacious balcony capturing scenic water views across Port Phillip Bay, a large backyard perfect for entertaining, and a remote double garage with an extended driveway providing ample off-street parking.
Features include:
* Beautifully refreshed throughout with recently completed interior painting and quality new flooring, creating a modern, move-in-ready home.
* Flexible split-level layout ideal for growing families, multi-generational living, holiday accommodation or dual-living potential.
* Sun-filled formal lounge enhanced by soaring ceilings and expansive windows that flood the home with natural light.
* Spacious upstairs open-plan living and dining area seamlessly connected to the generous family kitchen, perfect for everyday living and entertaining.
* Three oversized bedrooms, including two upstairs with built-in robes and a substantial downstairs bedroom ideal as guest accommodation or a private retreat.
* Renovated downstairs bathroom and modern laundry servicing the lower level with exceptional convenience and functionality.
* High ceilings throughout creating a wonderful sense of space, openness and natural light.
* Expansive balcony capturing scenic views across Port Phillip Bay and providing the perfect setting for outdoor dining or relaxing.
* Large backyard offering ample room for entertaining, children, pets or future landscaping enhancements.
* Remote double garage with internal access plus a long driveway providing excellent off-street parking for additional vehicles, boats or caravans.
* Elevated position enjoying beautiful bay vistas and refreshing coastal breezes.
* Excellent opportunity as a permanent residence, holiday escape or investment in a highly sought-after seaside location.
Ideally located within one of Rye's most desirable coastal pockets, this impressive home is only moments from Rye's pristine bay beaches, vibrant cafés, restaurants, shopping precinct and foreshore. Enjoy easy access to Peninsula Hot Springs, world-class golf courses, renowned wineries, coastal walking trails and spectacular ocean beaches, while nearby schools, sporting facilities and arterial roads ensure a lifestyle of convenience, recreation and year-round Peninsula enjoyment.
Don’t miss this incredible opportunity—enquire today!
Contact Josh Hanvey and Scott Kim today on (03) 9808 0481 for more information and secure this home today!
** Sale Method: Private Negotiation
** Settlement: 30/60 Days Preferred
** Inspection: By Appointment Only
Listing description written by Josh Hanvey, Scott Kim Real Estate — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.