2 Merchant StreetRye VIC 3941
Property Details for 2 Merchant St, Rye
2 Merchant St, Rye is a 0 bedroom, 0 bathroom House. The property has a land size of 597m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (October 2024)
Nestled in the serene heart of Rye, a rare opportunity awaits with this enticing and flat parcel of vacant land, blending the tranquillity of a natural setting with the vibrancy of a prime Peninsula location. Situated between the bay and ocean beaches, this offering presents over 597sqm (approx), surrounded by indigenous Moonah, revelling in a magnificent northern aspect and exciting potential for future coastal luxury.
Ensuring peace and privacy on a quiet street, it's the perfect blend of convenience and serenity, merely two minutes by car to the Tyrone Beach Foreshore, less than five minutes to the charming Blairgowrie Village, and around eight minutes to Woolworths and vibrant retail and dining options at Rye, providing accessibility to all life's necessities and luxuries.
For those who cherish the stillness of national parks and the wild beauty of ocean landscapes, these natural wonders are less than five minutes away by car. With nearby wineries, breweries, world-class day spas, and renowned coastal golf courses, there is endless fun to be had and landmarks to explore! Owning this land promises a lifestyle coveted by many and the chance to build a beautiful brand-new home (STCA) with space to embrace a quintessential indoor-outdoor beachside vibe enriched by all-day sun and a location that never goes out of style.
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Property History for 2 Merchant St, Rye, VIC 3941
- 08 May 2024Listed for Sale Private Sale | $649,000 - $699,000
- 24 Jun 2021Sold for $781,000
- 18 May 2021Listed for Sale $750,000
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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.
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