SOLD
RECENT ADVICE
Sold on 21 Aug 2024 for $490,000

15-17 Pasadena St
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 865m2
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Property Details for 15-17 Pasadena St, Rye

Building Type
Land
Land Size
865m2
Local Government
Mornington Peninsula
Lot/Plan
2959/LP50977

Last Listing description (August 2024)

Don't miss this amazing opportunity to secure a piece of Rye's picturesque landscape and turn your dream home into a reality with flexible terms of a 6 month settlement and 5% deposit.

Discover the perfect canvas for your dream home on this enchanting vacant block of residential land. Spanning an impressive 865 square metres this property offers a world of possibilities for those seeking to build their own sanctuary or the opportunity to buy both lands in the heart of Rye.

This property comes fully fenced, providing security and a sense of seclusion for your future residence. Enjoy an extra layer of privacy courtesy of the well-established privacy trees that surround the property. Embrace the beauty of nature with mature trees and well-maintained gardens that grace this property, adding charm and character to your surroundings.

Sprawling across 1,729 square meters, there's ample space to design your ideal home and create your private haven. Convenience is at your doorstep with access to all town services, making daily life a breeze. Located just minutes away from the vibrant main street of Rye and the bliss of the Rye beach and Mornington Peninsula , you'll have easy access to all.

Features include:
* Approx. 865 square metres total 1,729 square metres
* 4 Minutes to main beaches, shopping strip and restaurants restaurants
* Fenced with privacy hedges
* Views towards Rye Beach
* Quiet residential location
* General Residential Zone - Schedule 1

Property History for 15-17 Pasadena St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$490,000
21 Aug 2024
  • 21 Aug 2024
    Sold for $490,000
  • 18 Dec 2023
    Listed for Sale $539,000
  • 21 Aug 2023
    Listed for Sale Not Disclosed
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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 9,986 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:

  • The median value for Houses in Rye is $1,041,400 while the median value for Units is $607,386.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 90 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 311 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Angela Criscione
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Peter Travlos
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Ray White Taylors Lakes
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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.