OFF MARKET

48 Fairhills Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 101m2
Land area: 861m2
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Property Details for 48 Fairhills Dr, Rye

48 Fairhills Dr, Rye is a 4 bedroom, 2 bathroom House. The property has a land size of 861m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Floor Size
101m2
Land Size
861m2
Local Government
Mornington Peninsula
Lot/Plan
37/LP73555

Last Listing description (July 2023)

Relax and enjoy the Peninsula lifestyle here in this newly refreshed double story stylish family home.

Light, bright and well presented this property features;

- Brand new open plan kitchen with gas cooktop, s/s dishwasher, ample bench and cupboard space connecting you to the light filled living zone

- Open plan living and dining room with a split system heating and cooling, new carpet and blinds
- Four great sized bedrooms with BIRs
- Beautifully renovated modern main bathroom
- Balcony that takes in the leafy view and the incredible sunsets that follow
- The ground floor offers two further living areas - one with a wood fire place perfect for those wintery nights.
- Second bathroom/laundry
- Great storage solutions and offers lots of space to spread out and relax.

Venturing outdoors - you'll find a paved area perfect for your morning coffee, a large front yard providing a great space to enjoy. There is ample off street parking and a small garden shed.

Surrounded by golf courses, wineries, restaurants, hot springs and all the Peninsula has to offer you could enjoy this amazing location for many years to come.

The property can be partially furnished upon negotiations with the successful renter.

Property History for 48 Fairhills Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$915,000
27 Oct 2022
Listed for Rent
$560/w
27 Jul 2023
  • 01 Jun 2023
    Listed for Rent $560 / week
  • 27 Oct 2022
    Sold for $915,000
  • 14 Oct 2022
    Listed for Sale $ 900,000 - $ 975,000
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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.