OFF MARKET

1/7 Hunt Avenue
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 199m2
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Property Details for 1/7 Hunt Ave, Rye

1/7 Hunt Ave, Rye is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 199m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
2009
Land Size
199m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS601462

Last Listing description (May 2015)

BEACH AND TOWN ON YOUR DOOR STEP
The idyllic lifestyle residence for the discerning buyer. This magnificent double storey townhouse is the front residence of 3. Together they command attention, individually they make a statement. Less than 100m to the waters edge and shopping strip yet beautifully sheltered from the hustle and bustle of the Peninsulas favourite playground. The top level host 3 bedrooms, all of which open onto private balconies. A perfect vantage point to take in the seaside vista. There are 2 state of the art bathrooms also on this level. The ground floor is devoted to open plan living complete with a gleaming hostess kitchen featuring stone bench tops and SS appliances. The list of appointments is extensive and includes close circuit intercom, security system, spilt system air conditioning on both levels and highly polished timber flooring throughout just to name a few. A substantial double garage, easy landscaping, private courtyard, pressurized water tank and meandering driveway finish off this outstanding home. Currently leased to quality tenants with a return of $1,564pcm this fantastic property presents itself as an outstanding investment opportunity.

Property History for 1/7 Hunt Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$515,000
26 Apr 2015
Listed for Rent
$360/w
01 Apr 2014
  • 26 Apr 2015
    Sold for $515,000
  • 06 Feb 2014
    Listed for Rent $360 / week
  • 04 Jul 2013
    Listed for Sale Contact Agent

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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.