OFF MARKET

12 Balook Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 717m2
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Property Details for 12 Balook St, Rye

12 Balook St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 717m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1965
Floor Size
162m2
Land Size
717m2
Local Government
Mornington Peninsula
Lot/Plan
430/LP53781

Last Listing description (June 2021)

In a spectacular tree top setting 12 Balook offers rustic charm capturing rye views from the back deck.

This 4-bedroom, 2 living areas, 2 storey home is elevated from the road creating privacy and outdoor living space.

Awash with natural light, sitting on 717sq metres of gardened land.

The home is tenanted at the moment a suburb opportunity for investors, first home buyers, holiday makers and the like. We all know this is not going to be on the market for long.

Please contact Jules via a registration on this page as an email and we will organise inspections to suit.

Property History for 12 Balook St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$850,000
25 Feb 2021
Listed for Rent
$360/w
13 Aug 2018
  • 25 Feb 2021
    Sold for $850,000
  • 10 Feb 2021
    Listed for Sale UNDER CONTRACT
  • 05 Jul 2018
    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 10,000 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 94 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.