SOLD
RECENT ADVICE
Sold on 14 Nov 2024 for $1,350,000

42 Owarra Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 152m2
Land area: 601m2
Sold By
Belle Property Blairgowrie
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Property Details for 42 Owarra St, Rye

42 Owarra St, Rye is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2010. The property has a land size of 601m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
152m2
Land Size
601m2
Local Government
Mornington Peninsula
Lot/Plan
534/LP53783

Last Listing description (November 2024)

PRICE SLASHED! - VENDOR SAID SELL

Capturing the most jaw-dropping blue water ocean views across the coastal panorama from Bass Strait to the Bay, this contemporary home encapsulates the quintessential southern peninsula lifestyle for sublime permanent living or privileged weekend escapes.

Crowning the peak of an elevated 601m2 (approx) to maximise the sensational outlook, the 3-4BR residence boasts radiant open living and dining at the apex with solid timber flooring and an elegant kitchen with cascading stone benchtops, a brand-new oven, gas cooktop and a Blanco dishwasher.

A bank of stacked sliding doors glides open to a generously sized alfresco balcony for outdoor lounging and barbecuing and backdropped by a spectacular vista from Cape Schanck and the ocean dunes to Port Phillip Bay, the setting offers an exceedingly rare and picturesque vantage point to take in the sensational golden sunsets from this breathtaking elevation.

A second lounge could also very comfortably serve as a large fourth bedroom if required and opens via two walls of sliding glass to an expansive wraparound deck with a choice of idyllic locales to relax with a book or on a sunlounge to lap up the beachside ambience.

The master bedroom enjoys a walk-in robe and two-way modern ensuite, which also opens to the lounge, while two additional bedrooms, a full second bathroom, a powder room, ducted heating, a split-system, gas log fireplace and garage with mudroom / laundry are among a suite of inclusions.

Moments to glassy beaches, rolling surf breaks, a choice of golfing greens, nearby hot springs, wineries, yachting facilities, Rye Primary School and the vibrant town centre, the residence sits amid low maintenance coastal gardens with a flat lawn for the kids and newly installed firepit zone for stargazing and wine-sipping.

For further information, please contact Mal McInnes on 0415 502 316 or mal.mcinnes@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 42 Owarra St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,350,000
14 Nov 2024
Listed for Rent
$195/w
25 Aug 2006
  • 14 Nov 2024
    Sold for $1,350,000
  • 25 Jan 2024
    Listed for Sale $1,350,000
  • 17 Oct 2020
    Sold for $1,055,000
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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 9,999 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 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Rye.

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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.