OFF MARKET

118 Brights Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 1031m2
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Property Details for 118 Brights Dr, Rye

118 Brights Dr, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1031m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1970
Floor Size
110m2
Land Size
1031m2
Local Government
Mornington Peninsula
Lot/Plan
218/LP44885

Last Listing description (October 2024)

'Casa Blanca'

An uncompromising approach to coastal living, this intelligently renovated 3-bedroom retreat affords a luxury beachside lifestyle in the heart of Rye. Exceeding any preconceived expectations with unquestionable detail and premium inclusions, the single-level design meets the brief as exceptional living for young families, savvy investors or downsizers alike.

Nurturing the essence of coastal living with its white-on-white colour palette, it delivers a timeless ambience underpinned by hard-wearing oak laminate floors and ample glazing. VJ panel feature walls grace each of the two living zones, including the open family domain where glass doors invite an indoor-outdoor connectivity with the rear covered verandah. Warmed by an all-day sunshine, a north facing entertainment area with built-in spa crowns the rear landscaped yard where established Moonah trees frame private space for children. Showcasing an impeccable blend of form and function, the stone-topped kitchen champions the view with a splashback window while premium cabinetry houses a Bosch dishwasher and freestanding cooker with gas burner.

Currently a high-performing AirBnB, the three-bedroom one-bathroom home comfortably accommodates 8 across three spacious bedrooms, with large proportions providing space for bunk beds if desired. The home includes a beautifully finished bathroom with separate powder room, gas ducted heating, split-system air conditioning, feature pendant lighting, a 3-camera CCTV system, low-maintenance coastal gardens with tool shed and ample off-street parking. Beautifully positioned to enjoy the best of both front and back beaches, only moments from award-winning golf courses, day-spas, restaurants and Rye's thriving township.

Property History for 118 Brights Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$790,000
26 May 2021
  • 24 Jun 2024
    Listed for Sale $995,000 - $1,090,000
  • 26 May 2021
    Sold for $790,000
  • 20 May 2021
    Listed for Sale CONTACT AGENT
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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.