OFF MARKET

21 Cain Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 675m2
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Property Details for 21 Cain Rd, Rye

21 Cain Rd, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 675m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Land Size
675m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP125871

Last Listing description (March 2023)

**Offers Closing 14th February 2023 @ 2pm.
The term 'immaculate' almost short changes this pristine classic beach home, positioned on an established 674sqm (approx) just 250 mtrs from Tyrone foreshore. Preserved original attributes mix with subtle modern touches, offering an exceptional blank canvas for the savvy home buyer, holiday maker, renovator or new-home builder. A traditional reverse-style layout places the main living domain on the top floor, wrapped by a full-width balcony with treetop views over its lush surroundings. Open-plan living and dining with a fresh lick of paint, is comforted with gas heating and air conditioning, flanked by a laminate kitchen with a modern electric cooker. Two bedrooms are served by a central bathroom and separate toilet, while downstairs, a separately accessed studio features its own ensuite/laundry. A flourishing fruit orchard encompasses most of the expansive rear yard with bore water, accessed from the single drive-through carport with an adjacent utility area. Treat the family to a retro holiday experience, explore the lucrative holiday letting industry, renovate and relax, or call the architect to conjure plans for a dream home build within easy reach of the Mornington Peninsula's distinguished lifestyle offering. A superb offering for those looking to secure a coveted position with future potential. Proudly marketed by Crowders Real Estate.

Property History for 21 Cain Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,065,000
15 Feb 2023
  • 15 Feb 2023
    Sold for $1,065,000
  • 25 Jan 2023
    Listed for Sale $990,000 - $1,080,000
  • 03 Jun 1996
    Sold for $80,000
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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, 319 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.