SOLD
Sold on 17 Mar 2024 for $550,000

32 Fairhills Drive
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 866m2
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Property Details for 32 Fairhills Dr, Rye

32 Fairhills Dr, Rye is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 866m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
83m2
Land Size
866m2
Local Government
Mornington Peninsula
Lot/Plan
29/LP73555

Property History for 32 Fairhills Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$550,000
17 Mar 2024
  • 17 Mar 2024
    Sold for $550,000
  • 01 Apr 1988
    Sold for $54,000

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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.

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