SOLD
Sold on 19 Jun 2024 for $700,000

203 Melbourne Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 1033m2
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Property Details for 203 Melbourne Rd, Rye

203 Melbourne Rd, Rye is a 3 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 1033m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
95m2
Land Size
1033m2
Local Government
Mornington Peninsula
Lot/Plan
2766/LP50974

Last Listing description (August 2024)

Introducing the ideal 'lock up and leave' family beach retreat at 203 Melbourne Road, Rye!

Situated just a stroll away from Dimmicks Beach, this meticulously maintained home occupies a generous allotment spanning approximately 1,033 square meters. Boasting a spacious layout comprising three bedrooms, one bathroom, and a luminous open-plan living, kitchen, and dining area, this residence invites effortless coastal living. Step onto the expansive outdoor deck, offering serene treetop vistas, ideal for entertaining or savoring al fresco dining amidst the lush surroundings.

Immerse yourself in the tranquility of the outdoors, adorned with a blend of tropical gardens and native coastal flora, including palm trees, Moonah and tea trees, ferns, and fruit-bearing trees-a perfect sanctuary for unwinding and embracing the coastal ambiance.

Conveniently located near the pristine waters of Port Phillip Bay and the rugged beauty of the ocean beach, as well as a stone's throw from Rye and Blairgowrie Village, this property ensures every essential is within reach.

Key features:

Impeccable three-bedroom, one-bathroom beach retreat.
Timber-lined, exposed-beam ceiling in the main living area.
Sun-drenched north-facing aspect.
Abundant natural light throughout.
Split-system air conditioning for comfort.
Expansive rear entertaining deck with secluded treetop views.
Ample space for multiple vehicles or boat/caravan storage.
Proximity to both foreshore and ocean beach.
Don't miss the opportunity to make this coastal haven your own!

Property History for 203 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$700,000
19 Jun 2024
  • 19 Jun 2024
    Sold for $700,000
  • 24 Nov 2023
    Listed for Sale $870,000 - $920,000
  • 02 Feb 2003
    Sold for $190,000
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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.
There are currently 94 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.