OFF MARKET

28 Yarrayne Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 731m2
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Property Details for 28 Yarrayne St, Rye

28 Yarrayne St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 731m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1970
Floor Size
99m2
Land Size
731m2
Local Government
Mornington Peninsula
Lot/Plan
439/LP53781

Last Listing description (April 2022)

Auction Location: 28 Yarrayne Street, Rye.

Located within easy reach to both front and back beaches, walking distance from the local cafes and a stones throw from world class golf courses, wineries and the Peninsula hot springs this property oozes with character and charm and offers flexible living options with its versatile floorplan.
This newly renovated home sits amongst the treetops providing a peaceful and tranquil space from the moment you walk in. The open plan layout comprises of kitchen with granite benchtops and stainless steel appliances, living area with open fire place plus four fabulous bedrooms and huge central bathroom. Enjoy entertaining guests on the stunning deck area with sweeping bay views, and that's just the start.

On the lower level, there is a separate powder room/laundry and the fourth bedroom and/or study. Offering ample parking with a double carport, and outdoor shower making washing off after a day at the beach that much easier. If you are looking for a laid back lifestyle, close to literally everything the Mornington Peninsula has to offer then this may be the property for you.

Property History for 28 Yarrayne St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,204,000
12 Mar 2022
Listed for Rent
$380/w
05 Jul 2018
  • 12 Mar 2022
    Sold for $1,204,000
  • 16 Feb 2022
    Listed for Sale $960,000 to $1,050,000
  • 15 May 2020
    Sold for $738,000
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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 10,000 properties. Over the last 5 years, Houses in Rye have seen a 45.73% increase in median value, while Units have seen a 32.23% increase. As at 31 October 2024:

  • The median value for Houses in Rye is $1,030,203 while the median value for Units is $649,156.
  • Houses have a median rent of $590 while Units have a median rent of $480.
There are currently 93 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 321 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.