OFF MARKET

1 Loongana Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 603m2
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Property Details for 1 Loongana St, Rye

1 Loongana St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 603m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Floor Size
106m2
Land Size
603m2
Local Government
Mornington Peninsula
Lot/Plan
461/LP111712

Last Listing description (March 2023)

Auction Saturday 12.30pm
If you wish to view or bid online, please click on the link below, and either click to view, or register to bid.

https://anywhereauctions.com.au/app/property?propertyId=28688

If it's all about the Lifestyle and lazy weekends then this property is a must see! Situated in one of Rye's most sought after locations with native coastal flora and fauna, the property is perfect for that quiet weekend getaway, permanent home or holiday rental. The home comprises of 3 generous sized bedrooms, rumpus room, main bathroom, open plan kitchen/living area which flows onto a north facing undercover alfresco area, the perfect spot to take in the afternoon sun, chill and enjoy afternoon drinks with family and friends. Tiled throughout for easier maintenance and cleaning. Good size almost flat block of 604sqm. approx with private rear yard for the kids to enjoy or create your own veggie patch. Under house storage with concrete floor, power and workshop/ storage space. Plenty of parking for cars, boat and the jet ski's in two separate carports. Walking distance to the local coffee shop, 'Peninsula Pantry'. Plenty of scope to make improvements and put your own stamp to the property. Don't miss this amazing opportunity to purchase your beach house getaway!!

Property History for 1 Loongana St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$775,000
30 Jan 2023
  • 30 Jan 2023
    Sold for $775,000
  • 05 Jan 2023
    Listed for Sale $700,000 to $770,000
  • 30 Apr 2004
    Transferred
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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 10,000 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 93 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 321 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.