SOLD
Sold on 07 May 2024 for $580,000

101-103 Lyons Street
Rye VIC 3941

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 131m2
Land area: 709m2
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Property Details for 101-103 Lyons St, Rye

Building Type
Land
Floor Size
131m2
Land Size
709m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP93249

Last Listing description (June 2024)

Located just minutes from the Rye Township, this gently elevated block of approx 709sqm provides the perfect canvas to build your dream home or coastal getaway with potential tree top vistas (STCA).

Vacant land is increasingly difficult to find so don't miss your chance to secure this site and value add for the future.

Proposed home design by G.J Gardner Homes, call Brendan for more information today.

Property History for 101-103 Lyons St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$580,000
07 May 2024
  • 07 May 2024
    Sold for $580,000
  • 25 Mar 2024
    Listed for Sale $570,000 - $610,000
  • 30 Jan 2023
    Sold for $532,500
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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 10,001 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 91 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Shoreline Real Estate - Eview Group
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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.