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31 Locksley Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 922m2
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Property Details for 31 Locksley Rd, Rye

31 Locksley Rd, Rye is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 922m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
922m2
Local Government
Mornington Peninsula
Lot/Plan
68/LP19188

Last Listing description (April 2024)

Golden Location - Blue Chip Coastal Home

Positioned only a few minutes' walk from the heartbeat of the Rye shopping village and café and restaurant precinct, this spacious three-bedroom, two-bathroom coastal home is perfect as a weekend getaway, permanent residence, or short stay rental.

The R.O.I as a short stay lease option after lease cost from July 2023-Jan 2024 was almost $30,000.

Located approx. 400m from the water's edge on approx. 923 sqm you will feel a sense of peace and relaxation as you drive into this beachside home.

As you walk inside you are greeted by the generous open plan living that is enhanced by timber flooring, combustion wood fire and immediate access to a spacious entertaining deck.

As you relax in the alfresco area you will overlook a private and secluded front yard suited to young ones and pets and offers the option for a pool (STCA) if that is part of your wish list.

The kitchen is modern complete with a dishwasher and gas cooktop, the two bathrooms are renovated, the bedrooms are spacious and the location is highly sought.

You will be surrounded by luxury homes in this turnkey, ready to live in or rent out opportunity and will be a long-term addition to your property portfolio.

Wineries, Golf courses and both ocean and bay beaches are all accessible within minutes; this property is truly a must inspection if location is a primary requirement.

Modern comforts include:

• Split System Air Con
• Three bedrooms
• Two Bathrooms
• Expansive Entertaining Deck
• Two Garden Sheds
• Private And Secluded
• Coonara Wood Fire
• Timber Flooring
• Exposed aggregate driveway
• Aluminium windows and flyscreens
• Blinds throughout
• Stainless steel appliances

This almost fully fenced and secured lot invites privacy and safety for you most beloved children and family pets.

You will thank your future self for making the astute decision to invest in this most desirable home in one of the most sort after locations on the Morning Peninsula.

Property History for 31 Locksley Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
10 Apr 2024
  • 27 Mar 2024
    Sold for $1,030,000
  • 18 Feb 2024
    Listed for Sale $1,050,000
  • 15 Mar 2018
    Sold for $740,000
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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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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.