OFF MARKET

166 Melbourne Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 1033m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 166 Melbourne Rd, Rye

166 Melbourne Rd, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 1033m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
1975
Floor Size
100m2
Land Size
1033m2
Local Government
Mornington Peninsula
Lot/Plan
249/LP42641

Last Listing description (August 2017)

What a serene setting and a great opportunity to secure your little piece of the Peninsula. This 3 bedroom home has been lovingly kept over many years and although it has many of the original stylings, it is as solid as the day it was built. Situated off a service road with a North facing rear yard it consists of 3 generous bedrooms with BIR's , original galley style kitchen along with a dining area and generous lounge room. Exposed timber beams running throughout, give loads of potential to capture a holiday feel for those willing to roll the sleeves up! A carport to the side of the home allows access to the rear yard with an additional secure steel shed. Superb flat useable land of approx 1033 sqm. Please contact Sam Crowder 0403893724 for your inspection.

Property History for 166 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$565,000
17 Jul 2017
  • 17 Jul 2017
    Sold for $565,000
  • 11 Jul 2017
    Listed for Sale $520,000 - $570,000
  • 21 Mar 1980
    Sold for $8,000

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 93 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
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.