OFF MARKET

3 Nerissa Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 863m2
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Last updated 11 Nov 2024
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Property Details for 3 Nerissa St, Rye

3 Nerissa St, Rye is a 3 bedroom, 1 bathroom House. The property has a land size of 863m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Floor Size
95m2
Land Size
863m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP98584

Last Listing description (December 2015)

This very neat and tidy brick veneer home is situated on a great 860sqm fully fenced allotment of land, with established fruit and olive trees (with bore water) and in a lovely quiet street close to public transport. Featuring 3 generous size bedrooms (with BIR), large open plan living and dining area, gas heating and reverse cycle wall air conditioning, it has great potential for 1st home buyers, holiday home seekers or investors alike. This is your opportunity to get a foothold in a market with the strong capital growth potential and secure investment status that the Mornington Peninsula offers. This great property is a must see on your list and with a realistic reserve it will be sold on Auction day.

Property History for 3 Nerissa St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$405,000
21 Nov 2015
  • 21 Nov 2015
    Sold for $405,000
  • 20 Oct 2015
    Listed for Sale EPR in Excess of $380K
  • 30 Dec 2007
    Transferred
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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.

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