OFF MARKET

14 Glen Drive
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 201m2
Land area: 1173m2
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Last updated 18 Mar 2024
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Property Details for 14 Glen Dr, Rye

Building Type
Land
Year Built
2023
Floor Size
201m2
Land Size
1173m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP180573

Last Listing description (December 2023)

Presenting two rare elevated side-by-side blocks of 1173m? and 901m? with ocean views to build your getaway home or even potential for future development. These blocks are being sold separately but can be purchased together for a combined size of 2074m? if you wished to build or develop on a larger allotment. Situated in the Morning Peninsula area, within 1km (walking distance) from Rye Beach and town shops, cafes and restaurants. A great opportunity to purchase an investment block, a place to build your retirement home or dream holiday home and enjoy a getaway in one of Melbourne?s most popular beaches.

Please contact Bedri on 0408 350 458 for more information.

Property History for 14 Glen Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$210,000
18 Jan 2017
  • 21 Dec 2023
    Listed for Sale Not Disclosed
  • 21 Aug 2023
    Listed for Sale Not Disclosed
  • 16 Dec 2022
    Listed for Sale $460,000 to $500,000
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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 10,000 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.