OFF MARKET

191 Melbourne Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 195m2
Land area: 877m2
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Property Details for 191 Melbourne Rd, Rye

191 Melbourne Rd, Rye is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 1986. The property has a land size of 877m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1986
Floor Size
195m2
Land Size
877m2
Local Government
Mornington Peninsula
Lot/Plan
2797/LP50974

Last Listing description (December 2023)

Nestled discreetly along a leafy service road, moments from popular Number 16 beach, this well-presented, brick home stands as a testament to solid construction and timeless appeal. The walls of this well-built sanctuary keep the outside noises at bay, allowing you to find solace within, whilst the landscaped, lush, rear garden invites you to truly appreciate the peaceful haven that his property provides. Geared towards easy oceanside living, the spacious abode presents a free-flowing layout with contemporary kitchen, two separate living areas, master with ensuite, laundry, two guest/children's bedrooms including one with adjoining home office, tidy family bathroom and alfresco deck. Also residing on the property is a lower-level studio, offering a kitchenette, bathroom, meals/sitting, bathroom and sleeping area, ideal as a teens' retreat or multi-generational living. Extras: ducted heating, evaporative cooling, polished floorboards, two large steel storage sheds and carport.

Property History for 191 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,000,000
25 Sep 2023
Listed for Rent
$595/w
31 Aug 2022
  • 25 Sep 2023
    Sold for $1,000,000
  • 05 Sep 2023
    Listed for Sale Contact Agent
  • 25 Jul 2022
    Listed for Rent $600 / week
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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.