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Sold on 27 Jan 2024 - Price Unavailable

3 Tarawill Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 704m2
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Property Details for 3 Tarawill St, Rye

Building Type
Land
Land Size
704m2
Local Government
Mornington Peninsula
Lot/Plan
513/LP53783

Last Listing description (January 2024)

One of the most affordable blocks on the peninsula! All the hard work has been done with structural plans for a stunning architecturally designed 6.2 energy rated dwelling and permits now completed, this prime positioned parcel is ready for construction. Or recreate your dream master piece in this sought after rising allotment (704 sqm approx.) location in Rye. Power and water have also been connected to the allotment. Situated in a quiet and peaceful street close to the Rye Township, front and back beaches, world class golf courses and wineries and only a short stroll to, popular local café, The Peninsula Pantry. With vacant land becoming scarce on the Peninsula, get in quick, so you won't miss out on this opportunity to own your own patch of Peninsula Paradise.

Property History for 3 Tarawill St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
27 Jan 2024
  • 08 Nov 2024
    Listed for Sale $475,000 - $520,000
  • 27 Jan 2024
    Sold for $425,000
  • 04 May 2023
    Listed for Sale $400,000 - $440,000
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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 94 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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Daniel Chessari
Show contact details
Hodges 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.