1 May AvenueRye VIC 3941
Property Details for 1 May Ave, Rye
Last Listing description (March 2008)
Hillcrest Cottage" Circa 1918 Sweeping Bay Views
UNDER OFFER/CONTRACT SWEEPING BAY VIEWS, CIRCA 1918 "HILLCREST COTTAGE". Magnificent limestone & timber Period style residence offering the character & charm of yesteryear yet with all the modern requirements of today's lifestyle. Featuring 4 bedrooms luxurious ensuite to master complete with corner spa, gracious lounge & dining rooms upstairs attic & living area opening to timber decked patio. Established to perfection with quality fittings throughout plus private rear garden with abundance of tall shady trees & ferns complete the picture of this very desirable home.
Additional feature - Ensuite.
Property History for 1 May Ave, Rye, VIC 3941
- 10 Feb 2008Sold for $560,000
- 17 Aug 2007Listed for Sale $550,000 PLUS BUYERS
- 10 Apr 1999Sold for $202,000
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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 10,000 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.
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