OFF MARKET

11 Richardson Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 978m2
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Last updated 11 Nov 2024
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Property Details for 11 Richardson St, Rye

11 Richardson St, Rye is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 978m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Floor Size
88m2
Land Size
978m2
Local Government
Mornington Peninsula
Lot/Plan
136/LP9382

Last Listing description (January 2020)

What a great spot! Just 200mt from the beach and only a short stroll into the Rye Township this original Rye beach house is one for the position buyers.

The property offers 2 bedrooms, open kitchen/lounge/dining area, family bathroom and a huge games room which could be easily converted into two additional bedrooms if desired. Outside there is a bungalow with one bedroom and kitchenette, separate laundry, single carport and a large fully fenced yard for the kids. Land size approx 978sqm.

Other features include, polished floor boards, split system air conditioner, gas heating, shed and outdoor undercover BBQ area.

Currently tenanted on a month to month basis returning approx $330pw.

Inspection is by appointment only and 24hrs notice is required.

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Property History for 11 Richardson St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$749,500
25 Oct 2019
Listed for Rent
$350/w
19 Jan 2016
  • 25 Oct 2019
    Sold for $749,500
  • 06 Dec 2018
    Listed for Sale $795,000
  • 22 Dec 2015
    Listed for Rent $350 / week
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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.

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