OFF MARKET

11 Meadow Avenue
Rye VIC 3941

Bedrooms: 5
Bathrooms: 3
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 5 bedroom, 3 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 (October 2024)

Exquisite timeless design is paired with contemporary, coastal aesthetic in this recently built 38 sqm home. Set on a quiet avenue, metres from a Recreation Reserve and a leisurely stroll from the foreshore, this luxe retreat bestows a lifestyle of privileged family living. Exuding a calm aura and refined simplicity, the single-level, beach house features a soft grey and white colour palette, high quality fittings and fixtures and a collection of beautifully lit spaces via an abundance of glass and multiple skylights. Regally appointed with five generous bedrooms (two with decadent ensuites and walk-in robes), a lavish family bathroom with separate toilet, laundry, culinary kitchen and dual living areas flanked by an expansive, extra large sheltered deck, the spacious property is ideal for large families and grand-scale entertaining. The attention to detail continues externally with the manicured garden, mini basketball court and gas/solar heated pool and spa. Extras: gas log fire, ducted heating and cooling, ceiling fans, skillion ceiling in main living zone, stone benchtops, installed gas plumbing for barbeque and oversized, double lock-up garage. Furniture can be available on a walk in/walk out basis.

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
  • 29 Oct 2024
    Listed for Sale $1,790,000 - $1,950,000
  • 26 Mar 2021
    Listed for Rent - Price not available
  • 06 Feb 2021
    Sold for $720,500
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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 10,000 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 93 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.

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.