SOLD
Sold on 17 Jun 2024 for $695,000

4 Gawalla Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 585m2
Sold By
Ypa Rye & Lifestyle Property Division Rye
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Property Details for 4 Gawalla St, Rye

4 Gawalla St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 585m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Floor Size
105m2
Land Size
585m2
Local Government
Mornington Peninsula
Lot/Plan
872/LP54090

Last Listing description (October 2024)

It doesn't get better than this! Enter the market at an entry level price and secure this fantastic brick home located just minutes from the beach! No need to compromise on style, convenience or quality. This is the best value property on the Peninsula!

Nestled amongst a combination of mature native vegetation and coastal ground cover and shrubbery, this quaint three-bedroom brick residence boasts a serene locale, offering convenient proximity to local icon 'Peninsula Pantry' as well as Rye Village and surrounding tourist attractions and amenities.

In addition to the three comfortable sleeping quarters, the bright interiors also feature a light filled main living room, family bathroom that connects through to the laundry, plus a spacious kitchen and meals area complete with modern electric appliances, including a dishwasher and a cosy wood-burning heater.

Completing the picture is a fully enclosed rear yard, complemented by a garden shed, undercover patio and a selection of fruit and shade trees.

Situated in close proximity to a wide selection of shops, cafes, restaurants, public transport, schools, and the beautiful Rye Foreshore and Pier, this wonderful first home, beach home, or investment property presents an ideal blend of comfort and convenience.

*Currently tenanted until November 2024.

*All distances and measurements are approximate only.

Property History for 4 Gawalla St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$695,000
17 Jun 2024
Listed for Rent
$300/w
11 Aug 2017
  • 17 Jun 2024
    Sold for $695,000
  • 08 May 2024
    Listed for Sale $695,000
  • 11 Aug 2017
    Listed for Rent - Price not available
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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 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 91 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 320 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.