OFF MARKET

16 Sussex Road
Rye VIC 3941

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 224m2
Land area: 1052m2
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Property Details for 16 Sussex Rd, Rye

16 Sussex Rd, Rye is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1052m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Floor Size
224m2
Land Size
1052m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP183483

Last Listing description (October 2023)

Auction Location: 16 Sussex Road, Rye

Situated in an enviable location just a short distance to Rye Main Street precinct, Pier and foreshore, this home sits on a large and flat allotment 1052sqm (approx.) and has potential to renovate or simply live in as is.

Set well back from the road thanks to the large front garden, the sweeping veranda stretching the length of the home welcomes you. Stepping inside the floor plan is designed to host the whole family in spacious accommodation, comprising of two living areas, centrally located kitchen, family bathroom and six bedrooms all with built in robes. The master bedroom is zoned separately to the front of the home and boasts walk in robes and ensuite. Outdoors the sprawling lawns offer a fantastic canvas to enjoy the space or landscape as desired and the driveway runs the length of the home to the large garage/shed at the rear providing accommodation for all your vehicles and watercraft or use as a workshop.

Additional features of this wonderful home include split system heating/cooling, laundry with external access and garden shed. Presenting an amazing opportunity in this highly sought-after locale offers a lifestyle of comfort and coastal living, appealing to large families, investors or those in search of a sea change.

Property History for 16 Sussex Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$940,000
24 Jun 2023
  • 24 Jun 2023
    Sold for $940,000
  • 30 May 2023
    Listed for Sale $880,000 to $950,000
  • 14 Jul 2007
    Sold for $370,000
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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 9,998 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 91 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 319 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.