OFF MARKET

1/4 Nelson Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 229m2
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Property Details for 1/4 Nelson St, Rye

1/4 Nelson St, Rye is a 4 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 229m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
1970
Floor Size
117m2
Land Size
229m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS503700

Last Listing description (November 2016)

BRING THE FAMILY TO THE BEACH
YOUR OWN TITLE, WALK TO TOWNSHIP AND BEACH - DIRECTLY OPPOSITE RSL
We have pleasure in offering this unique, self titled, self contained and fully furnished spacious 4 bedroom home style unit (features of a home, convenience of a unit) for private sale. Expressions of interest are being sought from interested parties. Everything is literally at your fingertips with the shopping centre, doctors, beach/foreshore, Rye Bowls Club and the RSL all only a casual stroll away. Two designated carports are attached. This stylish property is tastefully furnished and has a delightful front courtyard for the kids to play.

Access to the Rye Village and beach is through the rear lane of the complex. This unique property will ensure investment potential.
Also available are five (5) unique self titled, self contained, fully furnished two bedroom units with their own designated carport. These two bedroom units are priced from $290,000. Feel free to contact Di Key on 0419 324 515 or Phil Key on 0418 516 470 to arrange an inspection or discuss any aspects of this rare and exciting proposal. Register your interest without delay.

Property History for 1/4 Nelson St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$343,333
16 Jun 2016
  • 08 Sep 2018
    Listed for Sale Not Disclosed
  • 16 Jun 2016
    Sold for $343,333
  • 04 Mar 2016
    Listed for Sale Expressions of Interest over $390,000
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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 10,001 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 11 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.