SOLD
Sold on 20 Jul 2024 for $2,030,000

31 Ozone Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 183m2
Land area: 1524m2
Sold By
Prentice Real Estate Rye / Sorrento
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Property Details for 31 Ozone St, Rye

Building Type
Land
Floor Size
183m2
Land Size
1524m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS430539

Last Listing description (October 2024)

This blue-chip holding superbly located in the heart of this premier seaside township sits privately on a stately 1,526m2 allotment. The 'walkability' and lifestyle factor here is without peer. Simply leave the car behind and walk a leisurely 350m to shops, Bay beach and bike trails from this charming, classic styled Rye residence featuring: 4 bedrooms, 2 bathrooms and dual living spaces showcasing rich polished timber flooring throughout, open fireplace and r/c air-conditioning. A true entertainer offering wrap-around decks overlooking the rambling lush green grounds this is the perfect place to holiday, retire or further develop into centrally located townhouses or other mixed uses as desired (S.T.C.A). For further details or to arrange an inspection contact Michael Prentice on 0417 369 235.

Property History for 31 Ozone St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$2,030,000
20 Jul 2024
  • 20 Jul 2024
    Sold for $2,030,000
  • 22 May 2024
    Listed for Sale $2,200,000
  • 06 Oct 2022
    Sold for $1,850,000
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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 10,019 properties. Over the last 5 years, Houses in Rye have seen a 46.19% increase in median value, while Units have seen a 40.55% increase. As at 30 November 2024:

  • The median value for Houses in Rye is $1,033,885 while the median value for Units is $697,628.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 80 properties listed for sale, and 13 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 338 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.