FOR SALE
$850,000 - $920,000

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 9,999 properties. Over the last 5 years, Houses in Rye have seen a 45.73% increase in median value, while Units have seen a 32.23% increase. As at 31 October 2024:

  • The median value for Houses in Rye is $1,030,203 while the median value for Units is $649,156.
  • Houses have a median rent of $590 while Units have a median rent of $480.
There are currently 91 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Rye.

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Michelle Bennie
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Amy Fennessy
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Ray White Rosebud
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