OFF MARKET

14 Norma Avenue
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 134m2
Land area: 958m2
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Last updated 30 Sep 2024
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Property Details for 14 Norma Ave, Rye

14 Norma Ave, Rye is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 958m2 and floor size of 134m2.

Building Type
House
Year Built
1965
Floor Size
134m2
Land Size
958m2
Local Government
Mornington Peninsula
Lot/Plan
PC372696

Last Listing description (August 2011)

ONE STREET FROM TYRONE FORESHORE - PERFECT!
You simply couldn't fault this delightful home. Situated within a few minutes walk to the gorgeous Tyrone Foreshore it would be a perfect home to retire into or would equally suit holiday home seekers or even investors seeking the future potential capital gains with a secure interim income. The house itself offers 3 nice big bedrooms plus a study, formal lounge, 2nd living area, well appointed kitchen and a treasure trove of additional features. Decor, appointments and presentation are all outstanding. Step outside and prepare yourself for a garden setting that totally compliments the home to perfection. There are 2 separate carports / caravan ports. Overall the package is superb. The perfect combination of position, presentation and best of all price. Inspect with confidence, purchase with pride.

Property History for 14 Norma Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
  • 07 Jun 2011
    Listed for Sale $450,000 - $495,000
  • 05 Nov 2010
    Listed for Sale $549,000

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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 10,005 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.

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