OFF MARKET

1 Wamba Avenue
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 940m2
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Property Details for 1 Wamba Ave, Rye

1 Wamba Ave, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 940m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Land Size
940m2
Local Government
Mornington Peninsula
Lot/Plan
101/LP19188

Last Listing description (August 2021)

At the forefront of contemporary design, this stunning near new residence delivers the ultimate in coastal sophistication. In a tranquil pocket, it is walking distance to Rye's shops, restaurants and foreshore.
Wide floorboards flow through the entrance hall to a gorgeous living room. Vaulted ceilings accentuate the scale of the open plan family and dining room featuring gourmet kitchen boasting stone benches, 900mm oven and cooktop and butlers pantry with sink. Full width, floor to ceiling windows extend the family room out to a captivating private covered deck and lush lawn below. Light-filled accommodation includes the beautiful main bedroom with access to deck, walk in robe, ensuite with double vanity and plantation shutters, three additional bedrooms with built in robes, a stylish bathroom and second lounge or study. Comprehensively appointed with an split system heating/cooling, ducted heating, ceiling fans, laundry and internally accessed double garage.
A truly turn-key property with nothing left to do but move in and enjoy the home and Mornington Peninsula's best attractions including world class Wineries, Golf Courses, Breweries and Peninsula Hot Springs.

Property History for 1 Wamba Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,305,000
13 May 2021
  • 13 May 2021
    Sold for $1,305,000
  • 22 Apr 2021
    Listed for Sale $1,250,000 - $1,350,000
  • 12 Feb 2020
    Listed for Sale $950,000 - $995,000
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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 10,005 properties. Over the last 5 years, Houses in Rye have seen a 52.61% increase in median value, while Units have seen a 30.51% increase. As at 31 August 2024:

  • The median value for Houses in Rye is $1,047,892 while the median value for Units is $605,995.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 304 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.