SOLD
RECENT ADVICE
Sold on 30 Jul 2024 for $1,045,000

26 Observation Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 767m2
Sold By
Ypa Rye & Lifestyle Property Division Rye
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Property Details for 26 Observation Dr, Rye

26 Observation Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 767m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
767m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP91673

Last Listing description (September 2024)

Utilising a modern functional floor plan including four large bedrooms, two bathrooms, two spacious living areas, and a large outdoor entertaining deck - this excellent family home offers a long list of quality inclusions that make it a must see!

Immaculately presented inside and out, this quality property has been lovingly cared for and updated over the years and now offers quality features such as polished timber flooring, evaporative cooling, ducted heating, and an updated kitchen including stainless steel appliances, stone countertops, modern cabinetry, and a built-in 900mm oven and cooktop.

With seamless indoor/outdoor connection from the main living area, the sunny, west facing minimal maintenance rear yard also offers a large elevated entertaining deck where summertime BBQs with family and friends will be your new favourite thing to enjoy.

Further features include a large double garage, plus additional space for boat and/or caravan accommodation.

Positioned just 1*km from the heart of Rye Village and the sandy shores of Port Phillip Bay, from this exceptional location you are also surrounded by a huge variety of local attractions including championship golf courses, luxury day spas, breathtaking nature trails, and a wide selection of dining and seasonal entertainment options.

Contact Tony Talarico from YPA Rye on 0420 778 401 to arrange your private inspection today!

Property Features Include

- Immaculate four bedroom, two bathroom family home positioned in one of Rye's most coveted and premium locations - just 1*km to the foreshore and Rye Village.

- Sunny west facing rear yard - perfect for enjoying afternoon entertaining and summertime BBQs.

- Spacious landscaped allotment of approximately 767*sqm.

- Elevated outdoor entertaining deck that flows seamlessly from the indoors.

- Brick construction.

- Polished timber flooring.

- Evaporative cooling.

- Ducted heating.

- Double garage plus additional space for your boat/caravan.

- Walk to Rye Village.

- Quick drive to a selection of championship golf courses, award winning wineries, and the Mornington Peninsula's best local attractions including breathtaking nature and hiking trails, day spas, historic landmarks, farm gates, and galleries.

*All distances and measurements are approximate only.

Property History for 26 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,045,000
30 Jul 2024
Listed for Rent
$350/w
18 Aug 2012
  • 30 Jul 2024
    Sold for $1,045,000
  • 15 Apr 2024
    Listed for Sale Not Disclosed
  • 15 Jan 2014
    Sold for $490,000
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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 10,001 properties. Over the last 5 years, Houses in Rye have seen a 56.28% increase in median value, while Units have seen a 42.85% increase. As at 31 July 2024:

  • The median value for Houses in Rye is $1,064,595 while the median value for Units is $659,494.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 77 properties listed for sale, and 19 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Rye.

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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.