OFF MARKET

5/20 Sullivan Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 167m2
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Property Details for 5/20 Sullivan St, Rye

5/20 Sullivan St, Rye is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 167m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1970
Floor Size
77m2
Land Size
167m2
Local Government
Mornington Peninsula
Lot/Plan
5/RP5422

Last Listing description (June 2024)

Discover this impeccably presented two-bedroom unit, ideally situated for your convenience. Within easy walking distance, you'll find Rye Primary School, the RSL, Woolworths, public transportation, Main Street, and, of course, the breathtaking beach.

Inside, the unit boasts an open-plan lounge area seamlessly connected to a fully-equipped kitchen. Both bedrooms are thoughtfully designed with spacious built-in robes. Enjoy the features of ducted heating and airconditioning, keeping you comfortable all year!

Outside, the property offers a single lock-up garage, a wrap-around, low-maintenance courtyard featuring a covered alfresco decking area, and a generously sized lawn for your enjoyment.

Rentl increase taking effect on October 27th 2024 to $470 per week.

ATTENTION PROPSECTIVE TENANTS
We strive to provide you with accurate and reliable information in this advertisement. However, it is crucial for you, as the tenant, to thoroughly assess and be fully satisfied with the property and its features before submitting an application. We encourage you to take the time to inspect the property, ask questions, and make an informed decision.

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Property History for 5/20 Sullivan St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$640,000
30 Sep 2021
Listed for Rent
$450/w
28 Jun 2024
  • 17 Jun 2024
    Listed for Rent $450 / week
  • 14 Sep 2023
    Listed for Rent - Price not available
  • 30 Sep 2021
    Sold for $640,000
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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 10,005 properties. Over the last 5 years, Houses in Rye have seen a 52.61% increase in median value, while Units have seen a 30.51% increase. As at 31 August 2024:

  • The median value for Houses in Rye is $1,047,892 while the median value for Units is $605,995.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Rye.

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