OFF MARKET

27 Waratah Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 112m2
Land area: 1040m2
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Property Details for 27 Waratah St, Rye

27 Waratah St, Rye is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1040m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Floor Size
112m2
Land Size
1040m2
Local Government
Mornington Peninsula
Lot/Plan
112/LP21135

Last Listing description (November 2022)

Auction Location: On-Site & Online.

Situated a flat 5 minute stroll to the pristine foreshore beach reserve, and close to the shops, eateries and cafes of Rye is this architecturally designed 'Fasham Johnson' home set on a generous flat allotment of 1040 sqm approx.

Cleverly designed to maximise the abundance of natural northerly sunlight and views of the low maintenance gardens, the home offers an easy flowing floor plan with open plan living zone to the front which encompasses the smart kitchen with highlight windows, island bench and gas cooking.

Further through is the second living area with views to the rear yard and open fire place. This has often been used in the cooler months with a book and a bottle of red, and could be a play room for the kids. This flows effortlessly onto the wrap around veranda and covered al fresco area large enough for the table of 10 and barbecue, perfect for summer entertaining.

The three bedrooms all offer built in robes, the master equipped with a semi ensuite with spa soaker tub, and the two guest bedrooms are service by a compact central bathroom.

To the rear is a double garage with built in storage cabinets, a separate lockable store room, and the size of the land affords secure off-street parking behind the automatic gate for additional vehicles, boats and caravans.

With a 20-panel solar system, split system cooling, gas wall furnace, bore water, being close to public transport and easy access to all the Peninsula has to offer, this home will appeal to those searching for a sea change, holiday home hunters and the astute investor alike.

Property History for 27 Waratah St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,310,000
26 Mar 2022
  • 26 Mar 2022
    Sold for $1,310,000
  • 24 Feb 2022
    Listed for Sale SOLD
  • 29 Mar 2015
    Sold for $575,000
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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 10,005 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.

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.