OFF MARKET

3 Derwin Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 142m2
Land area: 961m2
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Property Details for 3 Derwin St, Rye

3 Derwin St, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 961m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1950
Floor Size
142m2
Land Size
961m2
Local Government
Mornington Peninsula
Lot/Plan
57/LP28650

Last Listing description (November 2023)

With its unique dual level layout and a sprawling 960sqm (approx) allotment, this classic coastal home brims with character and endless possibilities, just a stone's throw away from Rye's vibrant town, pristine beach & pier. This home presents your opportunity for a comfortable beachside lifestyle, but also ignites the imagination with its potential for those seeking to update and modernise their dream Peninsula retreat. Currently, the home's picturesque facade is introduced by a veranda entry and a blonde brick chimney, exuding a warm and charming welcome, complemented by its open and airy lounge, dining, and kitchen area, where natural light dances through the windows to cast a gentle glow over the polished timber floors. Three bedrooms plus a study area and three bathrooms are spread across two levels, while an expansive balcony breathes in northern views showcasing the region's natural beauty and treetop vistas. Convenience takes centre stage with Rye Primary School, the RSL, buses, the vibrant township, and the beach within easy walking distance, adding exceptional amenity to a charming and comfortable home, finished with a gas log fireplace, split-system air conditioning and multiple storage sheds. Whether you're looking for a project home, a charming coastal cottage, or a future redevelopment opportunity (stca) - this is one you can't miss. Proudly marketed by Crowders Real Estate.

Property History for 3 Derwin St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$810,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $810,000
  • 26 May 2023
    Listed for Sale Under Contract
  • 27 Apr 2007
    Sold for $341,000
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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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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.