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Sold on 10 Feb 2024 for $950,000

17 Forbes Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 817m2
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Property Details for 17 Forbes St, Rye

17 Forbes St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 817m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
817m2
Local Government
Mornington Peninsula
Lot/Plan
19/LP111292

Last Listing description (February 2024)

This charming home is nestled in an idyllic, coastal setting on a generous 817sqm (approx.)
allotment in a quiet cul de sac. Set back from the street behind a secure front fence and gates the home immediately gives you a sense of your own personal paradise with mature gardens.

Light-filled interiors boast cathedral ceilings, neutral colours and timber accents throughout.

The central family living area is generously propertied and features a fireplace and is served by a charming timber kitchen with Smeg gas cooktop. Primed for indoor/outdoor living the open plan living and dining opens out to both the front veranda and rear covered decks, feel the breeze seamlessly flow through and entertain all summer long.

Accommodation includes three bedrooms; the master located downstairs with built in robe and bathroom access and two further bedrooms upstairs both with built in robes. A laundry completes the interior of the home. You will love spending time outdoors amongst lush greenery that features extensive decking and well manicured, mature gardens and chook shed.

Other notable features include; split system heating/cooling and garage. The ultimate back beach coastal haven, don't miss this incredible opportunity located in close proximity to Dundas Street shops, Peninsula and Alba Hot Springs and Rye back beach the property is perfectly positioned to soak up the best the Peninsula has to offer.

Property History for 17 Forbes St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$950,000
10 Feb 2024
  • 10 Feb 2024
    Sold for $950,000
  • 16 Jan 2024
    Listed for Sale $900,000 to $990,000
  • 20 Dec 2015
    Sold for $515,000
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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 9,966 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:

  • The median value for Houses in Rye is $1,041,400 while the median value for Units is $607,386.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 89 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Ben Kenyon
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Joe Falzon
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Stockdale & Leggo Rye
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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.