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Sold on 23 Apr 2024 for $960,000

36 Murray Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 588m2
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Property Details for 36 Murray St, Rye

36 Murray St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 588m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
588m2
Local Government
Mornington Peninsula
Lot/Plan
78/LP54189

Last Listing description (April 2024)

Sitting on a flat corner block within genuine walking distance of Bay Beach and Blairgowrie Village, this home presents a great opportunity to secure a coveted property in this sought-after location. With the option to expand, redevelop (STCA) or enjoy as is, there is abundant potential to create your dream home - you can’t over capitalise in this prime locale.

The existing home has been well maintained, with beautiful hardwood floors flowing through the open-plan living and dining area, and the three bedrooms. A drive-through carport provides access to the sunny backyard, with plenty of room for outdoor living, a pool, or an extension to the living space.

Enjoying a central location, you’re minutes from the beach and Blairgowrie village, with Rye foreshore shops, restaurants, and pier just a five-minute drive away. Spend the morning enjoying a latte as you walk along the sand or taking in the scenic back beaches before heading home to this leafy sanctuary with endless potential.

• Well-maintained home on leafy, flat corner block
• Original condition, potential to redevelop (STCA)
• Open-plan living & dining area with timber floors
• 3 beds with BIR + 1 combined bathroom/laundry
• Carport with drive-through access to the yard
• North-facing, sunny & private yard, fully fenced
• Established trees and gardens for shade & privacy
• Picture windows with lush and leafy outlook
• Centrally located, walk to the beach and village

Property History for 36 Murray St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$960,000
23 Apr 2024
  • 23 Apr 2024
    Sold for $960,000
  • 13 Apr 2024
    Sold for $960,000
  • 26 Mar 2024
    Listed for Sale $890,000 - $975,000
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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.

Suburb Insights for Rye 3941

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Larry Callaghan
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Nick Callander
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Fletchers Mornington Peninsula
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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.