OFF MARKET

5 Market Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 183m2
Land area: 627m2
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Last updated 11 Nov 2024
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Property Details for 5 Market St, Rye

5 Market St, Rye is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 627m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Floor Size
183m2
Land Size
627m2
Local Government
Mornington Peninsula
Lot/Plan
42/LP90052

Last Listing description (May 2023)

Discover the ultimate in coastal living at 5 Market Street in the charming town of Rye. Ideally located within a short walk to one of the most picturesque beaches in the area, this beautifully kept 4 bedroom, 2 living, 2 bathroom home offers ample living space making it the perfect place for families and entertaining. As soon as you enter, you will be greeted by gleaming hardwood floors and plenty of natural light. The open plan kitchen and living area open on to a large private deck ideal for entertaining or simply enjoying the peace and quiet. The spacious main bedroom suite offers a walk in robe and ensuite.
Additional features include ducted heating and cooling, a 2-car carport with ample driveway parking and natural, low maintenance garden. Conveniently located in the Tyrone foreshore area of Rye and close to the areas best shopping and dining. Don't miss your chance to own a piece of coastal paradise, call today!

Property History for 5 Market St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,190,000
17 Feb 2023
  • 17 Feb 2023
    Sold for $1,190,000
  • 08 Feb 2023
    Listed for Sale $1,150,000 - $1,200,000
  • 16 May 2004
    Sold for $445,000
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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 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.