OFF MARKET

5/2217 Point Nepean Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 1774m2
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Last updated 11 Nov 2024
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Property Details for 5/2217 Point Nepean Rd, Rye

5/2217 Point Nepean Rd, Rye is a 3 bedroom, 3 bathroom Unit. The property has a land size of 1774m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Land Size
1774m2
Local Government
Mornington Peninsula
Lot/Plan
G05/PS822581

Last Listing description (May 2022)

Perfected situated across from the beach, this spacious 3 bedroom, 2 storey apartment has so much to offer, including 3 bathrooms, 2 balconies to soak in the beautiful bay views, spacious living area, modern kitchen with induction cook top. European laundry (front loader washing machine included). Also part of the tenancy is 2 car parks and storage cage. Close to shops, restaurants, cafes and the best Rye has to offer. This is definitely a rare opportunity to lease an apartment on this side of the building.

Property History for 5/2217 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$792,000
27 Sep 2021
Listed for Rent
$700/w
11 May 2022
  • 21 Dec 2021
    Listed for Rent - Price not available
  • 27 Sep 2021
    Sold for $792,000

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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 88 properties listed for sale, and 13 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 319 properties were sold in the past 12 months in Rye.

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