OFF MARKET

33 Observation Drive
Rye VIC 3941

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 250m2
Land area: 715m2
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Property Details for 33 Observation Dr, Rye

33 Observation Dr, Rye is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 715m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1985
Floor Size
250m2
Land Size
715m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP139108

Last Listing description (July 2018)

Positioned at the highest point on the street and nestled amongst the tree tops. This spacious and very private 5 bedroom, 3 bathroom, solid brick property is sure to tick all the boxes.
Just minutes to the beach and shops, this home offers its lucky new owner a lifestyle you can only dream of and a holiday home or full term residence your friends and family will be envious of.
The floorplan is perfect for a large family or when you have a long line of guests over the summer season. All bedrooms have built in storage and the master serviced by an ensuite and walk in robe. 2 good sized living areas and large open plan kitchen with gas cooking on the first floor, the formal sitting area with a built in fireplace for those cold winter nights.

Offering bay glimpses from the upper deck with a low maintenance rear yard and double lock up garage, this is not one to be missed.

Property History for 33 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$695,000
26 May 2018
Listed for Rent
$460/w
19 May 2017
  • 26 May 2018
    Sold for $695,000
  • 24 Apr 2018
    Listed for Sale Under Contract - Paul Cunnington 0457 047 962
  • 27 Mar 2017
    Listed for Rent $460 / week
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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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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.