SOLD
RECENT ADVICE
Sold on 13 Dec 2024 for $606,000

1 Yera Crescent
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 817m2
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Property Details for 1 Yera Cres, Rye

1 Yera Cres, Rye is a 3 bedroom, 1 bathroom House. The property has a land size of 817m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
817m2

Last Listing description (December 2024)

Discover the hidden potential of this classic beach shack nestled in the heart of Rye! Set on an elevated 817 sqm block, this 3-bedroom property offers sweeping landscape views, making it a perfect canvas for first-home buyers, investors, or developers eager to build their dream coastal retreat.

Inside, you'll find a cozy, original layout featuring a central bathroom and a modest kitchen, ideal for those who love the charm of an authentic beach house. The property also includes a large garden shed, an undercover sunroom at the rear, and ample front yard space to park your boat or caravan-perfect for embracing the laid-back coastal lifestyle.

Located in a quiet, peaceful neighbourhood away from the hustle and bustle, this property offers a rare combination of tranquillity and accessibility, currently standing as the most affordable home in Rye. Whether you're looking to renovate, rebuild, or simply settle in and enjoy, this home is a unique opportunity to secure a slice of coastal paradise.

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Property History for 1 Yera Cres, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$606,000
13 Dec 2024
  • 13 Dec 2024
    Sold for $606,000
  • 18 Nov 2024
    Listed for Sale $600,000 to $650,000
  • 20 Oct 1981
    Sold for $18,000

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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 10,020 properties. Over the last 5 years, Houses in Rye have seen a 46.19% increase in median value, while Units have seen a 40.55% increase. As at 30 November 2024:

  • The median value for Houses in Rye is $1,033,885 while the median value for Units is $697,628.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Rye.

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