FOR SALE
NEW PRICE!!! $1,560,000-$1,630,000

7 Grace Street
Rye VIC 3941

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Floor area: 224m2
Land area: 739m2
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It’s all about location! Dual Occupancy in the heart of Rye.

This amazing single level property offers the epitome of hassle-free coastal living conveniently located in a quiet street with charming local cafes, shops, picturesque bay beaches and the Rye pier at your doorstep. The property promises the ultimate in convenience and relaxation.
Immerse yourself in the vibrant beachside lifestyle with this meticulously maintained home designed to offer complete versatility and comfort featuring 2 distinct living zones. This property offers a truly unique dual living opportunity, perfect for those wanting to accommodate extended family and guests or to easily generate permanent or holiday rental income.
The property embraces its retro charm but also offers many modern comforts and is an absolute gem!
The main part of the home offers four bedrooms, the main bedroom with ensuite. Bedroom two has a BIR & the main bathroom separates the other two additional bedrooms, there are 3 living areas, 2 kitchens, 6 bedrooms in total, ducted heating and cooling throughout, as new colourbond roof, 5KW solar panels. Other amenities include stainless steel 900mm Smeg gas oven/stove, stone benchtops, range hood, dishwasher and alarm system. Parking is a breeze with a 2-car garage with remote access and space for 2 additional cars in the driveway. Embrace low maintenance gardens with a fully computerised bore water system, there is additional storage, a well-equipped workshop, all this and more on an easy care allotment of 739sqm.
Don’t miss out on the opportunity to live the quintessential dream in this premier location.
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Property Details for 7 Grace St, Rye

7 Grace St, Rye is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 739m2 and floor size of 224m2. The place is currently for sale with RT Edgar Rye.

Building Type
House
Floor Size
224m2
Land Size
739m2

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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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Cameron Gulliford
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RT Edgar Rye
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