OFF MARKET

28 Milton Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 263m2
Land area: 697m2
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Property Details for 28 Milton Rd, Rye

28 Milton Rd, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 697m2 and floor size of 263m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1980
Floor Size
263m2
Land Size
697m2
Local Government
Mornington Peninsula
Lot/Plan
213/LP33363

Last Listing description (September 2023)

Featuring a north-facing elevated outlook from a wrap-around alfresco terrace and tranquil tree-top vistas from a rear upper-level balcony, this classic mid-80s two-storey, double brick (on ground level) Rye family holiday home, located just a few minutes walk to the stunning Tyrone Foreshore, is on the market for the first time.

Generously proportioned and solidly built over two levels, the home has four robed bedrooms, including main with WIR and ensuite, a large upstairs family bathroom, and three spacious living areas. The expansive, light-filled open plan living space is split over two levels and features a brick open fireplace, while the central, original kitchen with breakfast-bar and free-standing gas cooker overlooks the rear balcony, which runs the width of the house. Downstairs is a large L-shaped rumpus/living room with tiled floors and an open fireplace. Sliding doors lead out to the rear garden, which slopes gently down to the rear boundary, and has a veritable orchard of established fruit trees including fig, apricots, mandarin and lemon.

The high-set house is positioned towards the front of the 697 square metre (approx.) block, with tiered front native gardens and paved driveway to an oversized single lock-up garage which has high ceilings and plenty of storage/workshop space, and access to the homes downstairs living area via covered porch. With a separate bedroom, and large laundry/shower, the lower level could easily be transformed to self-contained accommodation. Held by the same family for almost four decades, the much-loved holiday home has plenty of storage, including under-house storage, off-street parking, and is situated in a peaceful southern Peninsula Street just metres to Ryes Tyrone Foreshore front beach, and just a few minutes to the ocean beaches, Blairgowrie Village, Rye shops and attractions.

Tranquil tree-top vistas from north-facing elevated alfresco terrace and rear upper-level balcony.
Walk to Tyrone foreshore, minutes away from Blairgowrie Village, Rye shops and ocean beaches.
Generously proportioned, solidly built, double brick two-storey, four-bedroom, 3-bathroom, 3 living area home.
Large 697sqm (approx.) block with tiered front native garden, and established fruit trees in rear garden.
Single lock-up garage plus off-street parking, plenty of storage including under-house storage.

Property History for 28 Milton Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,025,000
11 Mar 2023
  • 11 Mar 2023
    Sold for $1,025,000
  • 01 Feb 2023
    Listed for Sale $1,180,000 - $1,280,000
  • 06 Dec 2001
    Sold for $101,080
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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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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.