OFF MARKET

47 Valley Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 119m2
Land area: 1022m2
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Property Details for 47 Valley Dr, Rye

47 Valley Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1022m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
1985
Floor Size
119m2
Land Size
1022m2
Local Government
Mornington Peninsula
Lot/Plan
251/LP19188

Last Listing description (September 2019)

Enjoying an elevated street frontage and claiming a generous east-west allotment of approx. 1022sqm, this address is situated just over a kilometre to Rye Village and foreshore - close enough to walk, but far enough to miss the bustle of the regions holiday season.

An original home filled with charming warmth and character, the floor plan comprises family accommodation with the master, WIR and ensuite at the front, plus three double bedrooms (all with BIRs) and a central family bathroom at the rear.


The residence opens to a spacious open plan kitchen, dining and living area set under high ceilings with exposed beams, complete with wood coonara, split system and ceiling fans. The front balcony is the ideal place to witness the Peninsulas famous sunsets, while behind the home a deck leads to a huge backyard. Underneath the residence a huge garage is high and deep enough to accommodate a boat.

An opportunity with immense potential to secure a relaxed weekender, rental investment or project for renovation/redevelopment (STCA) in a fantastic central Rye location.

Features:
Generous allotment of approx. 1022sqm with highly desirable east-west orientation
Located just over a kilometre to Rye Village and foreshore - close enough to walk, but far enough to miss the bustle of the regions holiday season
Family accommodation consisting of master with WIR and ensuite at the front plus three double bedrooms (all with BIRs) and a central family bathroom at the rear
Huge garage underneath with enough space to accommodate a boat
Wood Coonara, split system and ceiling fans
Fully fenced

Property History for 47 Valley Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$650,000
17 Sep 2019
  • 17 Sep 2019
    Sold for $650,000
  • 04 Sep 2019
    Listed for Sale $620,000 - $650,000
  • 08 Oct 2003
    Transferred
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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 10,000 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 93 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 321 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.