OFF MARKET

20 Wollert Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 623m2
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Property Details for 20 Wollert St, Rye

20 Wollert St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 623m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Floor Size
95m2
Land Size
623m2
Local Government
Mornington Peninsula
Lot/Plan
266/LP53779

Last Listing description (January 2024)

Framed with a quintessential scene of mature ti-tree this original holiday residence offers a simplistic floorplan with endless scope to redesign a coastal dream. Positioned between the glistening coastlines of Rye's front and back beaches, this peaceful pocket sits only moments from the bustle of a celebrated holiday destination.

Inspiring future development within a peaceful neighbourhood, the gentle undulations of Rye's landscape reveal The Peninsula Pantry cafe just 100 metres away. With opportunity to maximise the 623m2 (approx.) allotment, explore scope to design a luxurious retreat (STCA) creating a space for friends and family to enjoy the summer sun.

Set within a corner allotment, the current residence reveals a low-set design with a wealth of internal timber textures. Combining living and dining as one, the open-plan space adjoins the kitchen where tiled benchtops and a breakfast bar complete the offerings.

Down the hall, three bedrooms present built-in robes centering around the deep burgundy tones of the original retro bathroom. Adjoining this zone, the wet area extends a W/C and laundry with ample space to enhance the current floorplan with minimal impact.

The current orientation prioritises yard space with direct street access surrounding a dual lock-up garage in a central position between the sprawling coastlines of the Mornington Peninsula.

Property History for 20 Wollert St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$750,000
19 Dec 2022
Listed for Rent
$320/w
25 Oct 2019
  • 19 Dec 2022
    Sold for $750,000
  • 18 Oct 2022
    Listed for Sale $775,000 - $850,000
  • 22 Jul 2019
    Listed for Rent $320 / week
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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 10,005 properties. Over the last 5 years, Houses in Rye have seen a 52.61% increase in median value, while Units have seen a 30.51% increase. As at 31 August 2024:

  • The median value for Houses in Rye is $1,047,892 while the median value for Units is $605,995.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 304 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.