SOLD
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Sold on 12 Mar 2024 for $900,000

2 Shirlow Avenue
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 768m2
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Property Details for 2 Shirlow Ave, Rye

2 Shirlow Ave, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 768m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
768m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP25625

Last Listing description (March 2024)

Walk to the Rye shops and the crystal clear waters of the bay within minutes from this blue chip beachside location. The old beach house has provided many memories for the current owners over the years, now it’s time for new beginnings. Located just a hop skip and jump to the water’s edge in a quiet street on substantial allotment of approx. 768sqm, the property offers the lucky purchasers the opportunity to fully renovate the current home, bring plans for your dream home, clear the site and create a significant beachside retreat or permanent coastal home. Don’t miss this rare chance to secure your slice of the Mornington Peninsula.

Property History for 2 Shirlow Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$900,000
12 Mar 2024
  • 08 Mar 2024
    Sold for $900,000
  • 29 Feb 2024
    Listed for Sale $900,000.00
  • 16 Oct 1980
    Sold for $29,000

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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 56.28% increase in median value, while Units have seen a 42.85% increase. As at 31 July 2024:

  • The median value for Houses in Rye is $1,064,595 while the median value for Units is $659,494.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 77 properties listed for sale, and 19 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Contact agent
Cameron Gulliford
Show contact details
RT Edgar Rye
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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.