OFF MARKET

17-21 Bimbiang Crescent
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 3437m2
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Property Details for 17-21 Bimbiang Cres, Rye

17-21 Bimbiang Cres, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3437m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Land Size
3437m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP88548

Last Listing description (September 2023)

Once part of a grand family holiday estate, this architecturally rich circa 1970s brick residence, set on more than of an acre of prized Peninsula land amongst iconic Moonah trees, presents an outstanding and unique opportunity to acquire an enormous landholding of 3437sqm (approx.) in walking distance to Ryes idyllic Whitecliffs and Tyrone Foreshore.

Elevated above expansive native gardens, on a mostly level block, the existing brick residence is surrounded by timber decks and includes an under-house double garage, laundry, and utility rooms. Upon entry, the soaring vaulted exposed beam ceilings with highlight windows add depth to the spacious dimensions, while the polished hardwood floors, open plan main living/dining area with sliding glass doors to the balcony and original kitchen, reflects the beginnings of modern coastal style living. A separate sitting/living room, which can be closed off, has a wood fireplace, and built in shelving, and north-facing deck access. The original main bathroom has classic patterned tiling, and there are three bedrooms, plus another bathroom which has dual access to the large rear bedroom with a mezzanine platform, ideal as a study, play area, or master retreat. Built to take advantage of its north-facing location, is the deep and wide bowl of a lagoon-like tiled concrete swimming pool, which could possibly be restored.

With potential to renovate or rebuild and create your Peninsula dream home (STCA) this property is located in a tranquil, coastal neighbourhood surrounded by stunning examples of contemporary architecture amidst the Moonah trees. Its just a leisurely 800 metre stroll to Ryes idyllic Tyrone Foreshore and Whitecliffs Point, a couple of minutes drive to Ryes and Blairgowries cafes, bistros, and boutiques, and within easy reach of the Peninsulas most coveted attractions including golf courses, wineries, surf beaches, National Parks, and hot springs.

Enormous landholding of 3437square metres (approx.), more than of an acre of prized Peninsula land
Set amongst native Moonah trees on a level allotment.
Located in a tranquil, coastal neighbourhood, and easy walk to Ryes idyllic Tyrone and Whitecliffs foreshore.
Impressive original 1970s grand family holiday home, with unique features, surrounded by elevated north-facing deck.
Potential to renovate, or rebuild and create your Peninsula dream home (STCA)

Property History for 17-21 Bimbiang Cres, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,750,000
20 Apr 2023
  • 20 Apr 2023
    Sold for $1,750,000
  • 14 Mar 2023
    Listed for Sale ANOTHER SOLD BY JOSH CALLAGHAN AND FLETCHERS

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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 10,000 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

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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.