SOLD
Sold on 01 Nov 2024 for $653,000

11 Toagara Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 604m2
Sold By
OBrien Real Estate Mornington
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Property Details for 11 Toagara St, Rye

11 Toagara St, Rye is a 2 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 604m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
78m2
Land Size
604m2
Local Government
Mornington Peninsula
Lot/Plan
177/LP53777

Last Listing description (December 2024)

Perfectly positioned within 900m of the bay and shops is this compact and sweet two bedroom cottage. An ideal holiday house, investment or first home, there is plenty of scope to further improve, extend or rebuild on this gently elevated block of 603m2 (approx). Offering new split-system, timber floors, under-house storage and partially landscaped garden.Our vendors have committed elsewhere, and this cute little house will be sold to the highest bidder. Make no mistake, come and bid to buy and make 2024 your best real estate year yet!

Property History for 11 Toagara St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$653,000
01 Nov 2024
  • 01 Nov 2024
    Sold for $653,000
  • 21 Oct 2024
    Listed for Sale $653,000
  • 08 Jul 2021
    Sold for $685,000
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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 10,020 properties. Over the last 5 years, Houses in Rye have seen a 46.19% increase in median value, while Units have seen a 40.55% increase. As at 30 November 2024:

  • The median value for Houses in Rye is $1,033,885 while the median value for Units is $697,628.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 342 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.