OFF MARKET

2/7 Rex Avenue
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 142m2
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Property Details for 2/7 Rex Ave, Rye

2/7 Rex Ave, Rye is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 142m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
Unit
Year Built
1977
Floor Size
88m2
Land Size
142m2
Local Government
Mornington Peninsula
Lot/Plan
2/RP13891

Last Listing description (January 2019)

Bring bayside living to your front door and a world of opportunity to your lifestyle with your own property right here on Mornington Peninsula. Just 700 metres to the exceptional foreshore area and bay beach, you can enjoy the best the area has to offer. Walk to caf s and shops, spend lazy days at the beach and delight in the magnificent surroundings you can call home.
This neatly presented dwelling of 200 sqm approx. is a rare independent offering with no body corporate. Styled for carefree, easy living, the front and enclosed rear gardens are minimalistic and low maintenance. The interior is purposeful and presented as open-plan living, dining and kitchen, two bedrooms of generous proportions, bathroom with shower and separate bathtub, plus a separate laundry. This is an exceptional opportunity to transform this home, adding your individual style and creating your own bayside retreat.

The lifestyle on offer just beyond your boundary is what makes living on the peninsula so desirable. Within moments you can choose from award-winning restaurants and wineries, local markets, boutique shopping and the spectacular bay and beaches. Start living your peninsula life!
- 700 metres to the bay beach, caf strip & shops
- no body corporate
- offers open-plan living
- Single Car Garage
- separate laundry
- bathroom with tub
CALL NOW!

Property History for 2/7 Rex Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$415,000
20 Oct 2018
  • 20 Oct 2018
    Sold for $415,000
  • 19 Sep 2018
    Listed for Sale $400,000 - $440,000
  • 11 Jun 2003
    Sold for $174,000
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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 10,001 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 91 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 320 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.