OFF MARKET

20 Inala Street
Rye VIC 3941

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1401m2
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Property Details for 20 Inala St, Rye

20 Inala St, Rye is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1401m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Land Size
1401m2
Local Government
Mornington Peninsula
Lot/Plan
1052/LP67748

Last Listing description (June 2021)

With its charming sandstone and brick facade highlighted by brightly painted timber features, this landmark cottage has been lovingly constructed of local, recycled and salvaged materials.

Beautifully set on a elevated block amongst native coastal Moonah trees 'Driftwood Cottage' features a private pathway winding up to one of Rye's highest points with captivating views.

Surrounded by timber decks and multiple pairs of vintage French-doors, the cottage is designed to enjoy both indoor/outdoor living in the summer, and cosy winter weekends. There is a spacious living area with polished timber floors, a robust wood-fire heater, plus split system A/C. The light-filled bedroom, which has a wall of multi-panel windows and dado detailing,

and the delightful bathroom/laundry are off the central hallway which leads to the modern kitchen and dining area with polished concrete floors and a bushy outlook to an outdoor deck and dining area cocooned with natural rock retaining walls.

So many unique and quirky features include a breakfast bar constructed from an original timber-door, a re-purposed packing crate as a towel rail, gorgeous recycled timber dresser vanity and a hanging tree branch providing additional clothes' hanging space in the bedroom. Perfectly located close to Rye's beautiful beaches and a short stroll to Peninsula Pantry cafe, this cottage has been successfully run as guest accommodation, or would provide an ideal permanent home or a romantic Peninsula getaway.

Property History for 20 Inala St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$960,000
26 Jun 2021
  • 26 Jun 2021
    Sold for $960,000
  • 20 May 2021
    Listed for Sale $800,000 - $880,000
  • 27 Mar 2013
    Sold for $302,500
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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.