OFF MARKET

11 Sunshine Grove
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 149m2
Land area: 940m2
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Last updated 30 Sep 2024
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Property Details for 11 Sunshine Gr, Rye

11 Sunshine Gr, Rye is a 3 bedroom, 2 bathroom House. The property has a land size of 940m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Floor Size
149m2
Land Size
940m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP171148

Last Listing description (October 2021)

Due to current COVID 19 restrictions no inspections are permitted. The owner will provide an independent pre purchase building inspection report prior to offers closing date.

Located in a quiet street just minutes to the beach and shops, this property represents a fantastic opportunity for investors, first home buyers and holiday makers. Features of the brick veneer home include 3brms (master with semi ensuite), central bathroom, open plan kitchen, lounge and dining area with open fireplace and split system A/C and in-floor slab heating. The elevated block of approx. 940sqm offers absolute privacy with the surrounding canopy of ti-trees and a natural bush setting. The north facing outdoor areas offer sunny entertaining options. Currently tenanted until September 2021.

Property History for 11 Sunshine Gr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,000,000
25 Sep 2021
Listed for Rent
$350/w
03 Sep 2019
  • 25 Sep 2021
    Sold for $1,000,000
  • 13 Sep 2021
    Listed for Sale $8400,000 to $890,000
  • 19 Jun 2019
    Listed for Rent - Price not available
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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.