OFF MARKET

187 Melbourne Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 186m2
Land area: 860m2
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Property Details for 187 Melbourne Rd, Rye

187 Melbourne Rd, Rye is a 4 bedroom, 2 bathroom House and was built in 2017. The property has a land size of 860m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
2017
Floor Size
186m2
Land Size
860m2
Local Government
Mornington Peninsula
Lot/Plan
2853/LP50975

Last Listing description (October 2020)

Set behind a secure gate via an easily accessible service road is this fabulous 4 bedroom, 2 bathroom family home.

Stunning light and bright open plan living area of kitchen, meals and living space together with spacious butlers pantry off the garage perfect for unpacking the shopping!


With bamboo flooring throughout in coastal hues, feature splash back tiles, stone benches, free standing bath in the main bathroom, large ensuite, feature panel doors throughout, carpet in the bedrooms and the bonus of ducted heating and evaporative cooling throughout.

There is a second living space/home theatre or bunk room if you require extra sleeping quarters and a powder room for guests.

Fully fenced landscaped gardens, exposed aggregate driveway, double lock up garage with internal access, spacious laundry and a large outdoor entertaining deck with feature privacy screens.

Perfect for permanent or holiday living with the benefit of possible holiday rental returns when you are not using it.

Within walking distance to the Ocean tracks and beaches and a short drive to all the Peninsula has to offer.

Property History for 187 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$310,000
13 Jan 2017
  • 18 Nov 2019
    Listed for Sale Contact Agent
  • 17 Mar 2017
    Listed for Sale $845,000 - $875,000
  • 13 Jan 2017
    Sold for $310,000
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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 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.