OFF MARKET

2387 Point Nepean Road
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 236m2
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Last updated 30 Sep 2024
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Property Details for 2387 Point Nepean Rd, Rye

2387 Point Nepean Rd, Rye is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 236m2.

Building Type
Unit
Year Built
1970
Land Size
236m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS430037

Last Listing description (May 2021)

With sweeping views of the bay and the Rye pier, this spacious apartment is located above the shops in the heart of the Rye village. With the clock-tower courtyard currently being updated to provide for a community space with family friendly seating and gardens, this apartment could not be better located!
A private entrance leads you to a central hallway opening up to a large living space and kitchen offering mesmerising views of the water. A private, north facing deck offers enough space to entertain whilst enjoying the views of Port Phillip Bay and the fun on the foreshore.
With two extremely generous bedrooms, both with built-in-robes, a bathroom complete with bath, shower and vanity, a separate toilet and a good sized laundry which offers a second entrance to the rear, this really is the ideal beach getaway.

Flooded with natural light and a sense of space, this property is lovely as it is, or this robust property could also be refurbished to create a contemporary home. Offering one car space, as well as plenty of parking nearby, summer holidays and weekends away just got better! Call today.

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Property History for 2387 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
  • 26 Apr 2021
    Listed for Sale $1,300,000 to $1,400,000
  • 19 Feb 2000
    Listed for Sale Not Disclosed

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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.

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