OFF MARKET

2/5 Rex Avenue
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
Land area: 150m2
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Last updated 11 Nov 2024
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Property Details for 2/5 Rex Ave, Rye

2/5 Rex Ave, Rye is a 2 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 150m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
Unit
Year Built
1977
Floor Size
71m2
Land Size
150m2
Local Government
Mornington Peninsula
Lot/Plan
2/RP12270

Last Listing description (June 2015)

This recently renovated & fully equipped family home has everything you need! Boasting two decent size bedrooms (both with built-in robes), lounge room & kitchen, a large family bathroom and an undercover court yard. This single level villa is decorated in neutral tones throughout, close to the beach, shops and amenities. Call 03 5985 2600 now to resister your interest! PLEASE NOTE: No garage access.
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Property History for 2/5 Rex Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$305,000
07 Dec 2013
Listed for Rent
$270/w
11 Jun 2015
  • 21 Apr 2015
    Listed for Rent $300 / week
  • 07 Dec 2013
    Sold for $305,000
  • 29 Mar 2013
    Listed for Sale Not Disclosed
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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 88 properties listed for sale, and 13 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.