OFF MARKET

2505 Point Nepean Road
Rye VIC 3941

Bedrooms: 5
Bathrooms: 5
Car spaces: 8
Floor area: 401m2
Land area: 1097m2
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Property Details for 2505 Point Nepean Rd, Rye

2505 Point Nepean Rd, Rye is a 5 bedroom, 5 bathroom House with 8 parking spaces and was built in 2010. The property has a land size of 1097m2 and floor size of 401m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
2010
Floor Size
401m2
Land Size
1097m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS601572

Last Listing description (October 2015)

Another million dollar property sold by the local agent with International connections.
You will want nothing more in this stately home where architectural lines, fine appointments, bay views and relaxed living satisfies the checklist of a perfect beach front lifestyle.
Under replacement cost this impressive addition to the prestigious address of Point Nepean Road, this enormous executive residence is a statement of sophistication and supreme entertaining space.

Lined with wide-set mahogany floorboards throughout, this large 5 bedroom all-season, all-occasion luxury home offers expansive living areas of sweeping proportions and features a sensational self-contained two bedroom poolside apartment opening to a resort style pool & spa area perfect for parties.
Upstairs, expansive open plan living, dining and gourmet kitchen enjoy the north facing terrace overlooking bay views and boating activity of Port Philip Bay, 4 bedrooms to indulge children and guests with adjoining bathrooms.
Downstairs, grand entrance foyer, deluxe master bedroom with casual retreat, large media room, alfresco dining and lounge
An inspiring seaside home that captivates a formal style yet provides the ultimate casual entertainer with vast open entertaining spaces, luxury appointments and ample off street secure parking.
Inspection will not disappoint.

Please note. Property is now vacant and file photos supplied.

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Property History for 2505 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,840,000
02 Sep 2015
  • 02 Sep 2015
    Sold for $1,840,000
  • 23 Apr 2015
    Listed for Sale For Private Sale
  • 17 Oct 2014
    Listed for Sale 1890000
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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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