OFF MARKET

21 Ballabil Street
Rye VIC 3941

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 963m2
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Property Details for 21 Ballabil St, Rye

21 Ballabil St, Rye is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 963m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Land Size
963m2
Local Government
Mornington Peninsula
Lot/Plan
5/LP30374

Last Listing description (August 2023)

ENTER VIA DERWIN LANE

With bay views and an exclusive position nestled away and full of contemporary refinement, this superb four-bedroom home plus study is pure holiday heaven located in a private cul de sac, a mere 600m (approx.) walk to the Rye Main Street and Foreshore.

There is plenty of room for the whole family to enjoy the beachside lifestyle in total comfort. As you enter the home welcomes you into a traditional entry foyer and flows through to a living/ rumpus room, three bedrooms all with built in robes, family bathroom and sizeable laundry. A floorplan perfectly designed to maximise its position- as you continue upstairs the open plan living/ dining are perfectly positioned to soak in sun from the north facing orientation and are primed for entertaining opening out to the covered alfresco balcony and overlooking the beautiful bay views beyond. A stately well appointed kitchen features Italian Stone benchtops, wine storage, double oven and overhead cabinetry. The master bedroom also enjoys bay views and access to the balcony and ensuite. Upstairs is completed by a study/fifth bedroom and third living area with lift.

With endless additional features the home also boasts; split system heating/ cooling, solar panels, water tanks, well manicured gardens and lawns, dual access to the front and rear of the home with electric gate to the front and driveways connecting the double lock up garage and carport. With no compromise in quality nor position, this is a rare offering to purchase your dream beach home in the heart of Rye.

Property History for 21 Ballabil St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,500,500
01 Aug 2023
  • 01 Aug 2023
    Sold for $1,500,500
  • 06 Jul 2023
    Listed for Sale $1,600,000
  • 22 May 1993
    Sold for $50,000
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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.