OFF MARKET

10 Adina Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 557m2
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Last updated 11 Nov 2024
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Property Details for 10 Adina St, Rye

10 Adina St, Rye is a 2 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 557m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1975
Floor Size
62m2
Land Size
557m2
Local Government
Mornington Peninsula
Lot/Plan
992/LP63150

Last Listing description (July 2022)

Located in a quiet street just minutes to spectacular Ocean beaches and offering a relaxed coastal vibe.

This stylish, low maintenance beach house with bungalow (perfect for guests, home office or studio) represents fantastic value for those looking for an entry level opportunity in this popular beachside location.


The light filled open plan includes polished timber flooring throughout, cosy wood fire, gas wall furnace and split system A/C, modern kitchen with 900mm S/S appliance, dishwasher and modern bathroom.

There is a private outdoor entertaining area with an open fireplace, secure yard with garden shed, set out on an easy care allotment (approx. 557sqm) dotted with magical moonah trees and established gardens.

With a history of holiday rental income up to $70,000pa this property offers the astute investor the opportunity for a wonderful addition to your investment portfolio.

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Property History for 10 Adina St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$610,000
28 Sep 2020
  • 06 Jun 2022
    Listed for Sale $820,000 - $880,000
  • 28 Sep 2020
    Sold for $610,000
  • 20 Nov 2019
    Listed for Sale $595,000 - $640,000
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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.
There are currently 94 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.

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