OFF MARKET

167 Melbourne Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Floor area: 140m2
Land area: 1051m2
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Property Details for 167 Melbourne Rd, Rye

167 Melbourne Rd, Rye is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 1051m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1970
Floor Size
140m2
Land Size
1051m2
Local Government
Mornington Peninsula
Lot/Plan
2938/LP50977

Last Listing description (March 2023)

Access the property via the service road and you will be pleasantly surprised at what this property has to offer. Hidden behind this high fence, the gate opens up to this little beauty.

Perfectly located between the back beach and Tyrone foreshore of Rye. Approximately a quarter of an acre, this private allotment is sure to be a crowd pleaser.

The magnificent garden is testimony to the years of love poured into it over two decades by the same family. The true essence of this property is felt throughout the house and in the well-manicured back garden.

This home offers 3 bedrooms in which the master bedroom is equipped with an ensuite, and the other two bedrooms share the separate family bathroom. The open plan living highlights a spacious lounge room, dining and fully functional kitchen.

Stepping out to an outdoor lounge nook you can imagine enjoying a coffee or a sipping on an afternoon drink as you watch the sun goes down beyond the Moonah trees. A feature desired by most seaside residents this property boasts a large undercover entertaining area for those moments celebrating with friends or family.

Priced to sell, this property is the perfect holiday getaway, investment or looking to downsize. Move in now, renovate later, the potential is unlimited. Minutes' drive to the hot springs, golf courses, wineries, cafes of Blairgowrie, Rye shops and beaches.

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Property History for 167 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,175,000
18 Dec 2022
  • 18 Dec 2022
    Sold for $1,175,000
  • 30 Nov 2022
    Listed for Sale Under Contract
  • 21 Aug 1999
    Sold for $133,000
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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 9,999 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, 318 properties were sold in the past 12 months in Rye.

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