OFF MARKET

35-37 Minnimurra Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 261m2
Land area: 1974m2
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Property Details for 35-37 Minnimurra Rd, Rye

35-37 Minnimurra Rd, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1974m2 and floor size of 261m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1990
Floor Size
261m2
Land Size
1974m2
Local Government
Mornington Peninsula
Lot/Plan
9/LP67069

Last Listing description (September 2024)

This magnificent Tuscan-inspired home metres from the foreshore on a huge allotment exhibits the 'wow' factor with consistent and lucrative short stays income that is frequently booked. Masterfully combining Mediterranean style with contemporary coastal living, the limestone and rendered brick residence ensures touches of luxury and warmth throughout. Spanning two generous levels, the highly functional retreat can readily accommodate large families and guests via multiple indoor/outdoor living areas and comfortable sleeping quarters. Landscaped to perfection with native flora, towering deciduous trees, lush green lawn, paved terraces, pizza oven, games shed and a superb tiled and heated pool with spa, the expansive 1974 sqm (approx.) block offers loads of space to retreat and unwind, entertain in style along with the potential for future amenities such as a tennis court or subdivision (STCA). There is attention to detail in every facet of the home's interior from the rustic timber raked ceilings with exposed rafters, travertine floor tiles and extensive glazing to the granite benchtops, sliding barn door, onyx cocktail bar, double showers and wrought iron chandeliers. Four bedrooms, including master suite with walk-through robe and five-star ensuite, opulent family bathroom, powder room and vast living spaces with kitchen or kitchenette extension on each floor, will suit the needs of a range of buyers. Extras: split system air-conditioning, wood heater, black Ilve 90mm freestanding oven, cedar sliding doors, remote gates, security system and timber storage shed.

Property History for 35-37 Minnimurra Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$2,440,000
23 Mar 2022
Listed for Rent
$1.30k/w
08 May 2023
  • 17 Apr 2024
    Listed for Sale $2,750,000 - $2,950,000
  • 23 Mar 2023
    Listed for Rent $1,300 / week
  • 23 Mar 2022
    Sold for $2,440,000
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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 10,000 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 93 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.