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Sold on 22 May 2024 - Price Unavailable

44 Preston Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 720m2
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Property Details for 44 Preston St, Rye

44 Preston St, Rye is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 720m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
720m2
Local Government
Mornington Peninsula
Lot/Plan
1705/LP41474

Last Listing description (May 2024)

This two bedroom home presents an exciting opportunity to, renovate or build the perfect beach home (STCA), situated on a generous allotment of 720sqm approx.

Featuring living, kitchen and two bedrooms with built in robes, family bathroom, laundry and outdoor patio. Ample outdoor space to landscape as desired.

Located in the Tyrone Foreshore area and surrounded by pristine bay and surf beaches, premier golf courses, world class wineries and cafes this property is sure to appeal to home owners, investors and holiday makers alike.

Property History for 44 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
22 May 2024
  • 22 May 2024
    Sold
  • 04 Mar 2024
    Listed for Sale $710,000
  • 01 Oct 1990
    Sold for $83,000
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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 9,966 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:

  • The median value for Houses in Rye is $1,041,400 while the median value for Units is $607,386.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 89 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Ben Kenyon
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Joe Falzon
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Stockdale & Leggo 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.