OFF MARKET

11 Meadow Avenue
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 697m2
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Property Details for 11 Meadow Ave, Rye

11 Meadow Ave, Rye is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 697m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1968
Floor Size
90m2
Land Size
697m2
Local Government
Mornington Peninsula
Lot/Plan
463/LP55835

Last Listing description (May 2021)

Located in a quiet avenue just 850m (approx.) to the beach this two bedroom home provides a wonderful opportunity to update and create your perfect beach home (STCA).
Positioned on a flat low maintenance allotment of 697m2 (approx.) the existing home features two bedrooms both with built in robes, open plan living/dining with split system heating/cooling, kitchen and bathroom/laundry.
Outside the property is fully fenced with the additional security of gate separating the front from the rear yard, extra large covered outdoor area provides room for alfresco entertaining or accommodation and also features two sheds.

Property History for 11 Meadow Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$720,500
06 Feb 2021
Listed for Rent
$350/w
09 May 2021
  • 26 Mar 2021
    Listed for Rent - Price not available
  • 06 Feb 2021
    Sold for $720,500
  • 22 Jan 2021
    Listed for Sale Auction Saturday
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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.