SOLD
Sold on 05 Mar 2024 for $730,000

20 Wondaree Street
Rye VIC 3941

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 622m2
Sold By
Belle Property Blairgowrie
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Property Details for 20 Wondaree St, Rye

20 Wondaree St, Rye is a 1 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 622m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
60m2
Land Size
622m2
Local Government
Mornington Peninsula
Lot/Plan
835/LP53790

Last Listing description (May 2024)

Beachy-boho coastal hideaway with lucrative holiday rental appeal

Positioned at the crest of an elevated 622m2 (approx) coastal allotment gazing out across a canopy of treetops, 'Sandy Shanty' is an adorable lofty beachside abode pairing a suite of contemporary bespoke finishes with sustainable sensibilities.

Originally shipped over from Tasmania, the cottage is brimming with big ideas for small-inspired living, from the cork flooring to the bijou balcony. A sundrenched living area beneath a high cathedral ceiling with whitewashed beams is complemented by a powerful Blaze wood-fire heater with a small footprint.

The custom kitchen with tailor-made premium birch plywood and a floating stainless-steel-topped island is superbly equipped with an all-Smeg fit-out with oven, dishwasher and an induction cooktop, while outdoor dining will be sublime on the covered deck amid the beachside ambience.

The custom-designed birch finishes continue with a bespoke sofa with hideaway storage, two padded window bench seats, generous wardrobing, clever storage solutions and a home office nook.

An elegant and beachy-boho modern bathroom with marine plywood, encaustic-look cement tiling, a walk-in rainshower and rustic concrete basin provides a delightful supplement to this wonderfully unique residence, while an alfresco bathtub offers a soothing space to soak beneath the stars and festoon lights.

Currently thriving on Airbnb fetching $300+ per night (around $60,000 p/a) with constant bookings, the residence could practically pay for itself between your own getaways.

Just a few minutes' stroll to Peninsula Pantry and encircled by bay beaches, surf breaks, hot springs, fairways, wineries and horse-riding trails, the site is just 2 minutes' drive to all essential services, shops, restaurants, cafes and school of Rye town centre.

The property comes with two off-street parking spaces, raised veggie boxes and plenty of sublevel storage for surfboards and stand-up paddleboards.

For further information, please contact Mal McInnes on 0415 502 316 or mal.mcinnes@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property 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 20 Wondaree St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$730,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $730,000
  • 07 Feb 2024
    Listed for Sale $730,000
  • 16 Apr 2019
    Sold for $470,000
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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 9,998 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 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in 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.