SOLD
RECENT ADVICE
Sold on 24 Feb 2024 for $850,000

27 Lyons Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 647m2
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Property Details for 27 Lyons St, Rye

27 Lyons St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 647m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
647m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP26728

Last Listing description (February 2024)

Conveniently located just 300mt from the beach and shopping village in Rye, this property offers fantastic potential to update the existing home or knock down and rebuild with the possibility of dual townhouse development or luxury home residence (STCA).

Situated on approx 647sqm the existing home consists of 3 bedrooms, family bathroom, kitchen with electric cooking and separate lounge and dining areas.

Features include:

- 3 bedrooms
- 1 bathroom
- Electric cooking
- Gas wall heater
- Polished floorboards
- Single garage
- Development potential (STCA)
- Land size approx 647sqm

Don't miss this opportunity to be right in the heart of Rye, with easy access to all the restaurants, shops, recreational activities and the crystal-clear waters of the Rye foreshore.

Be quick and call Brendan today for a private inspection or visit during advertised open times.

Property History for 27 Lyons St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$850,000
24 Feb 2024
Listed for Rent
$450/w
28 Mar 2024
  • 28 Mar 2024
    Listed for Rent $450 / week
  • 21 Feb 2024
    Sold for $850,000
  • 19 Jan 2024
    Listed for Sale $870,000 - $920,000
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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.

Suburb Insights for Rye 3941

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Contact agent
Brendan Adams
Show contact details
Shoreline Real Estate - Eview Group
Preferred contact:
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.