OFF MARKET

169 Melbourne Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 967m2
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Property Details for 169 Melbourne Rd, Rye

169 Melbourne Rd, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 967m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Floor Size
100m2
Land Size
967m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP97166

Last Listing description (April 2023)

You will fall in love with the classic features and original charm on a flat block with lush gardens surrounds. Occupying a generous 967sqm and walking distance to spectacular rock formations and the pristine shoreline of Number 16 Beach, take your family's lifestyle to unrivaled new heights.

So well located with immediate access to the best of Rye and Blairgowrie, you're moments from major supermarkets, vibrant cafes, popular restaurants, wineries, golf courses, boat ramps, local fishing spots and other local attractions. Endless family appeal, ultimate sea-change escape or weekend getaway with Airbnb potential, the beautifully maintained residence with renovation potential adding even more value, will deliver a highly sought after coastal lifestyle.

Richly-textured and framed by timber paneling, large expanses of glass, raked ceilings and garden outlooks, a light-giving layout boasts three spacious bedrooms including a main bedroom with en-suite, while the additional bedrooms share a family-sized bathroom. The home office could be utilized as a fourth bedroom or a work from home environment/study. A bright and airy kitchen/dining zone with seamless outdoor connections features a well- maintained kitchen boasting abundant bench space, custom timber cabinetry and premium appliances.

Green and serene, the home's front and rear yards showcase low maintenance landscaped gardens, established lawn, ornamental arrangements and evergreen plantings that ensures a leafy outlook year-round. Highly functional for both children and adults and the perfect place to unwind in total comfort and privacy, the backyard itself delivers a sense of calm and relaxation. Other highlights include a spacious laundry with two ceiling to floor storage cupboard, split- system unit, gas wall heater plus a large double garage with remote roller door.

Private location, close to ocean and bay beaches, with endless opportunity and only 1.5 hours out of Melbourne, this wonderful character home puts the focus on making everyday life easier.

Property History for 169 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,100,000
30 Mar 2023
  • 30 Mar 2023
    Sold for $1,100,000
  • 16 Mar 2023
    Listed for Sale $1,100,000 - $1,200,000
  • 28 Jan 1998
    Sold for $100,500
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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 10,002 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 11 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.