SOLD
Sold on 30 Jan 2024 for $850,000

16 Dundas Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 747m2
Sold By
Belle Property Blairgowrie
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Property Details for 16 Dundas St, Rye

16 Dundas St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 747m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Floor Size
92m2
Land Size
747m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP126122

Last Listing description (August 2024)

Stroll to cafes, restaurants & the beach

Sensationally situated in steps to sand, cafes, restaurants and boutiques, this blue-chip beachside property with a circa-1970s beach house entices with endless scope to renovate, subdivide or redevelop the site (STCA) into a contemporary coastal escape.

The existing abode is brimming with laidback beachy charm and is certainly rentable or inhabitable for fuss-free weekend getaways as you await plans and permits for your ultimate vision.

Just a few hundred metres to the gently lapping shoreline of Rye Beach and Rye Primary School, the residence features a light-filled living area with polished timber floors, a retro kitchen with freestanding gas stove, two bedrooms with built-in robes, a full bathroom with separate toilet, a shower in the laundry and a double lock-up garage.

With all essential services in place allowing for a streamlined potential build, the flat 747m2 (approx) allotment offers excellent dimensions for a new contemporary coastal home or townhouses (STCA), which would be brimming with appeal in this central beachside location.

An enticing package for permanent seachangers and holidaymakers alike, the property is situated amid a playground of coastal spoils, just a short drive to surf breaks, hot springs, wineries, golf courses and hiking trails.

To be notified when inspections of this property are available, to be sent a copy of the Contract and advised of property updates, simply submit an enquiry on this page.

Belle Property is proud to be offering this property for sale. For further information, please contact Jay Furniss on 0419 728 225 jay.furniss@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 16 Dundas St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$850,000
30 Jan 2024
Listed for Rent
$325/w
22 Feb 2017
  • 30 Jan 2024
    Sold for $850,000
  • 06 Dec 2023
    Listed for Sale Not Disclosed
  • 20 Dec 2016
    Listed for Rent $325 / week
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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 10,001 properties. Over the last 5 years, Houses in Rye have seen a 56.28% increase in median value, while Units have seen a 42.85% increase. As at 31 July 2024:

  • The median value for Houses in Rye is $1,064,595 while the median value for Units is $659,494.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 77 properties listed for sale, and 19 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Rye.

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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.