SOLD
RECENT ADVICE
Sold on 06 Jun 2024 - Price Unavailable

16 Observation Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 270m2
Land area: 767m2
Save

Property Details for 16 Observation Dr, Rye

16 Observation Dr, Rye is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 767m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Floor Size
270m2
Land Size
767m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP192421

Last Listing description (June 2024)

A lifestyle of effortless elegance and convenience, this modern contemporary residence epitomizes sophistication at every turn. Nestled within reach of Rye's vibrant shops, charming cafes, and the serene allure of the beach, every aspect of this home is designed with meticulous attention to detail and flair. Stepping inside, be greeted by an abundance of natural light that fills the space, enhancing the allure of the fabulous floorplan. With open spaces seamlessly blending into separate zoned accommodations, and outdoor entertaining areas beckoning for gatherings, this home is a haven for both relaxation and socializing. The heart of the home lies within the gourmet kitchen, boasting a sleek island bench and equipped with top-of-the-line appliances. Adjoining the kitchen is the open plan living and dining area, adorned with Tasmanian Oak floors, where gatherings are elevated by the warmth of a gas fire and the allure of a north-facing deck, inviting you to soak in the sunshine and enjoy al fresco moments. The main level presents a luxurious master bedroom complete with a walk-in robe and an ensuite bathroom, offering a sanctuary of comfort and privacy. Additionally, a versatile 4th bedroom (or study) provides flexibility to suit your lifestyle, accompanied by a convenient powder room. Descending to the lower level, discover two more generously sized bedrooms, complemented by a central bathroom, and an enormous rumpus room. With access to the rear garden, this level presents endless opportunities for recreation and relaxation, ideal for creating a children's play area or indulging in outdoor pursuits. Practicality meets luxury with the inclusion of a separate laundry, ensuring functionality seamlessly integrates with style. Ample storage throughout the home caters to organizational needs, while a double lock-up garage and extra off-street parking provide convenience for residents and guests alike. Embrace a lifestyle of modern comfort and convenience, where every detail is curated to perfection. This is more than just a home; it's a sanctuary where luxury meets everyday living, offering a retreat from the ordinary, amidst the allure of Rye's vibrant lifestyle being an easy walk to the beach and shopping precinct. Proudly marketed by Crowders Real Estate.

Property History for 16 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
06 Jun 2024
  • 28 May 2024
    Sold for $1,170,000
  • 22 Feb 2024
    Listed for Sale $1,150,000 - $1,250,000
  • 25 Jan 2013
    Sold for $570,000
Sign in to see more transactions

Commute Calculator

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

Market Insights
Rye Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rye Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Sam Crowder
Show contact details
John Wickham
Show contact details
Crowders Real Estate
Preferred contact:
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.