OFF MARKET

45 Charles Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1317m2
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Property Details for 45 Charles St, Rye

45 Charles St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1317m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Land Size
1317m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP186869

Last Listing description (July 2021)

"You must pre-book to attend an inspection. Please contact the agent to arrange this".

This modest three-bedroom, one-bathroom home sits on a delightful elevated 1317sqm block in a prime location. With views of Arthurs Seat and the Bay, there is untapped potential to scoop up an entry-priced property. Stroll ten minutes down the road to the Rye foreshore and shops, taking advantage of the wonderful lifestyle the area provides. Build your dream home on the rear of the block (STCA) to take advantage of the sweeping views, or to add capital for future sale. Alternatively, renovate to your liking or purchase as a sound investment, with an estimated rental return of $350/week in its current condition. The house itself is connected to mains gas, electricity and phone with plentiful under house secure storage.
This property had been owned by one family for decades; it's now your turn to pick up a large parcel of prime Mornington Peninsula real estate.

Property History for 45 Charles St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$777,000
03 Jul 2021
  • 03 Jul 2021
    Sold for $777,000
  • 01 Jun 2021
    Listed for Sale $700,000 to $770,000
  • 13 Mar 1980
    Sold for $8,500
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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 9,998 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, 319 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.