OFF MARKET

31 Valley Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 579m2
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Property Details for 31 Valley Dr, Rye

31 Valley Dr, Rye is a 3 bedroom, 1 bathroom House and was built in 1956. The property has a land size of 579m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1956
Floor Size
87m2
Land Size
579m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP133091

Last Listing description (May 2023)

This beautifully presented home, located within walking distance to the Rye Village and bay beach, will captivate you from the moment you arrive.

The home boasts modern tones throughout, including stunning timber floors, carpet in the bedrooms, and a spacious lounge area. The kitchen features stone benches, quality appliances, and ample storage. The dining area opens up to an outdoor BBQ entertaining deck via bi-fold doors.

The home comprises of 3 bedrooms, a large bathroom with bath and vanity, and European-style laundry. It also features split system heating and cooling and a ceiling fan for added comfort.

Outside, the entertaining deck is large and offers various areas for entertaining, with the largest part extending to the grassy rear yard, perfect for children. The home also includes a good-sized shed/garage for storing toys or setting up a table tennis table.

This home is suitable for permanent living and would also make an ideal holiday home or investment property, attracting holidaymakers when not in use.

*** Please note this property is currently under short stay management. Inspection s are strictly by appointment. no inspections are possible prior to the 1st February. Please view property video and add it to your watch list. Please register to be notified of inspection times ***

Property History for 31 Valley Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$925,000
03 Apr 2023
  • 03 Apr 2023
    Sold for $925,000
  • 23 Jan 2023
    Listed for Sale New Price $939,000
  • 09 Jun 2018
    Sold for $715,000
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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 10,005 properties. Over the last 5 years, Houses in Rye have seen a 52.61% increase in median value, while Units have seen a 30.51% increase. As at 31 August 2024:

  • The median value for Houses in Rye is $1,047,892 while the median value for Units is $605,995.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 304 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.