3/5 Rex AvenueRye VIC 3941
Property Details for 3/5 Rex Ave, Rye
3/5 Rex Ave, Rye is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Rye in the last 12 months.
Last Listing description (March 2024)
A brilliant location just a 500m walk to the white sandy beaches of Rye Foreshore and the Rye shops, this low maintenance unit will be a lifestyle decision that you will never regret.
Privately located at the rear of a small block of three units, the home welcomes you into an open plan living and dining room which is served by a tidy and functional kitchen. Two generous bedrooms both with built in robes, bathroom with separate toilet and laundry facilities complete the inside. Outside a low maintenance courtyard with manicured lawn and alfresco offers space to unwind.
Other features include, split system heating/cooling and single lock up garage with courtyard access. Fantastic opportunity for downsizers, investors, first home buyer or the perfect low maintenance beach house.
Property History for 3/5 Rex Ave, Rye, VIC 3941
- 04 Apr 2024Listed for Rent - Price not available
- 29 Feb 2024Sold for $635,000
- 17 Jan 2024Listed for Sale $625,000 to $675,000
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0About 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.
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