FOR SALE
$840,000 - $890,000

64 Observation Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Land area: 540m2
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Charming Treetop Retreat - Dual Living or 4th Bedroom Options

Discover your dream home nestled in a serene setting amongst the treetops. This beautifully maintained, fully fenced property offers privacy and comfort. The main residence features three spacious bedrooms with built-in robes, including a master suite with ensuite, and family bathroom.
Gorgeous hardwood floors flow throughout the open plan living/ dining and French doors open to a sun-drenched balcony/sunroom with floor-to-ceiling windows, creating a warm and welcoming atmosphere.
The versatile downstairs area is perfect for dual living, serving as a studio, home office, or a fourth bedroom, complete with its own shower, toilet, and separate entrance.
Other highlights include:
- Butler's pantry
- Gas cooking and modern appliances
- Ceiling fans, split system heating/cooling and a wall heating unit
- Manicured gardens
- Lock up garage, off street parking & under house storage
Whether you're looking for a place to call home, a solid addition to your investment portfolio, or a charming lock-up beach house, this property meets all your needs.
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Property Details for 64 Observation Dr, Rye

64 Observation Dr, Rye is a 3 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 540m2. The place is currently for sale with Ray White Rosebud.

Building Type
House
Land Size
540m2

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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2011 was 8,159 people. By 2016 the population was 8,423 showing a population growth of 3.2% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation. In 2011, 72.7% of the homes in Rye were owner-occupied compared with 71.6% in 2016.

Rye has 10,020 properties. Over the last 5 years, Houses in Rye have seen a 46.19% increase in median value, while Units have seen a 40.55% increase. As at 30 November 2024:

  • The median value for Houses in Rye is $1,033,885 while the median value for Units is $697,628.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Rye.

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Michelle Bennie
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Rochelle Armitage
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Ray White Rosebud
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