OFF MARKET

470 Tasman Drive
Rye VIC 3941

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 864m2
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Property Details for 470 Tasman Dr, Rye

470 Tasman Dr, Rye is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 864m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1990
Floor Size
77m2
Land Size
864m2
Local Government
Mornington Peninsula
Lot/Plan
118/LP44535

Last Listing description (September 2023)

Inspect Strictly via Private Appointment

Nestled in a coveted location, directly opposite the stunning coastal reserve with no houses opposite, this unique rustic home offers a chance to embrace the beauty of the shoreline right at your doorstep. Listen to sound of crashing waves in the quiet of the night!

Presenting a rare opportunity, this one-bedroom, stylish beach cottage is truly unique. Winter evenings are especially romantic with a wood heater to cosy up to and a large free-standing oval bath tub in a very special bathroom retreat.

This generous 865 sqm (approx.) parcel of land in a most sought-after spot on Tasman Drive brims with potential. Take advantage of the existing home and have your own beachside hideaway, an already popular holiday letting investment, or extend and create a dream seaside haven for your family.

Situated opposite the ocean with 16th Beach a five-minute walk away, nature trails along sandy coves and surf breaks, as well as being down the road from the Peninsula's top two top hot springs, with wineries and distilleries close by, this is a unique and exciting offering in the most idyllic location between the ocean and the bay. Features include secure front gates, split system heating/cooling and a separate 40 sqm black Colorbond shed/studio with shower and laundry.

Property History for 470 Tasman Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,160,000
26 Aug 2023
  • 26 Aug 2023
    Sold for $1,160,000
  • 16 Aug 2023
    Listed for Sale $1,100,000 to $1,200,000
  • 13 Apr 2008
    Sold for $340,000
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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 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 94 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.