Back 23 Timmins Crescent
Off Market

23 Timmins Crescent

Rye VIC 3941

2
2
1
952 m²
House
Last sold for $700,000
Ben NutbeanBen Nutbean, last sold this property on 27 April 2026 after 16 days on market.

Overview

Endless Potential by the Beach - 952m² Coastal Opportunity

Perfectly positioned just moments from the golden sands and vibrant heart of Rye Village, this original beach house presents an exceptional opportunity to secure a prime slice of the Mornington Peninsula with fantastic potential. Set on a 952m² (approx.) allotment with an ideal east-west orientation, the property enjoys sun-drenched mornings and glowing coastal sunsets - an enviable foundation for your dream seaside lifestyle. The existing two bedroom, two bathroom home offers a classic beach shack footprint, ready for those with vision to restore, reimagine or completely transform. Whether you're considering a full scale renovation or a luxury knock-down rebuild (STCA), the expansive block size and dual access via Timmins Crescent and rear entry from Dunlane Court South, opens the door to a range of exciting possibilities. Adding further scope, a separate rear bungalow sits at the back of the property, currently uninhabitable and requiring significant works, yet offering additional flexibility for future guest accommodation, studio space or redevelopment (STCA). With the beach just a short stroll away and Rye's cafes, shops and foreshore within easy reach, this is a rare chance to create something truly special in a tightly held coastal pocket. Opportunities like this - where location, land size, and potential align - are increasingly hard to find. Secure your foothold and bring your vision to life. Property Features Include: - Incredible 952m² (approx.) allotment. - Prime east-west orientation for all day natural light. - Original two bedroom, two bathroom beach house. - Ideal for renovation, extension or knock-down rebuild (STCA). - Dual access via Timmins Crescent and Dunlane Court South. - Separate rear bungalow (requires extensive renovation). - Short walk to Rye Beach and village centre. - Exceptional potential in a highly sought-after coastal location. *All distances and measurements are approximate only.

Features

2 bedrooms
2 bathrooms
1 carspace
952 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Rye over the last 12 months, the estimated median property value of 23 Timmins Crescent is $777.5k.

Median value
$777.5k
Estimated value range
$601k - $1.15m
Median days on market
24
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rye. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Timmins Crescent

2026
Sold
$700,000
Private Sale/Treaty on 27 Apr 2026 by Ben Nutbean, of YPA Real Estate Agents Rye

Happy sellers in Rye

79%
79% of sellers in Rye reported that their sale price either exceeded or met their price expectations.

Rye stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in Rye over the last 12 months.

Local market activity for 2 bedroom houses in Rye

In the last 12 months, 13 two-bedroom houses similar to 23 Timmins Crescent, have been sold.

This represents a 40% increase in two-bedroom houses sales when compared to the previous 12 months.

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