32 Fairhills Drive, Rye VIC 3941

Large coastal block | 4-bed family house | unfinished presentation | bushfire overlay applies This property occupies an 866 m² residential lot in Rye, a coastal suburb where larger landholdings are typical of the family housing stock. The 4-bedroom, 2-bathroom configuration is well suited to local family buyers, holiday-home seekers, or those looking for a lifestyle property with space. Its unfinished or half-built presentation may appeal to value-add buyers such as builders or trades who can complete the dwelling to their own specification. The reported NBN Fibre to the Premises and 5G coverage support modern connectivity, which strengthens its attractiveness for both permanent and secondary occupancy. The bushfire overlay identified for this site may affect permit processes and building upgrade requirements, which could influence the cost of completing or renovating the house. Inconsistent flood zone information between sources introduces some uncertainty about site conditions, though no flood overlay was detected in one record. The implied gross yield of approximately 4.7% suggests modest rental holding potential, but the property’s primary value likely lies in its land size and coastal positioning rather than income return. These factors should be weighed when forming a view on price.