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Sold on 14 Mar 2024 - Price Unavailable

5 Sheila Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 639m2
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Property Details for 5 Sheila St, Rye

5 Sheila St, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 639m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
639m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP33897

Last Listing description (March 2024)

OFFERS CLOSING TUESDAY 5TH MARCH 2024 @ 2:00PM

Discover coastal living at its finest with this exquisite property just a leisurely 2 minute stroll (200 mtrs) from the pristine shores of Rye Beach. Nestled within a quiet pocket of Rye on the enchanting Mornington Peninsula, this residence offers the perfect blend of tranquillity and convenience. Imagine being just a moments away from the shores of Port Phillip Bay and a short walk from the vibrant hub of Rye's shops, renowned restaurants, and charming boutique shops, allowing you to experience the best of coastal living while maintaining a peaceful retreat. Step inside to an inviting open plan design, seamlessly connecting the kitchen, dining, and living areas. Flooded in natural light thanks to strategically placed skylights and an abundance of windows, this home radiates warmth and a welcoming ambiance complete with natural wood fire. Boasting 4 bedrooms, the master with ensuite and a well equipped central bathroom to service the remaining 3 bedrooms there is plenty of room for family and friends to come and stay. The well-appointed kitchen invites culinary creativity, making it a central hub for both everyday living and entertaining. Embrace the outdoors in your private, spacious entertaining area – an idyllic spot to host gatherings or simply unwind amidst the natural beauty of the surroundings. The flat parcel of land, spanning approximately 639m2, offers a wonderful canvas for your dream garden or additional extension or pool. Whether you seek a permanent residence, a holiday haven, or a lucrative investment property, the choice is yours. This versatile home caters to a variety of lifestyles, comfort, convenience, and the quintessential coastal experience. Don't miss the opportunity to make this property your own and start living the beachside dream on the magnificent Mornington Peninsula. Proudly marketed by Crowders Real Estate.

Property History for 5 Sheila St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
14 Mar 2024
Listed for Rent
$250/w
10 Jul 2008
  • 07 Mar 2024
    Sold for $1,130,000
  • 13 Feb 2024
    Listed for Sale $1,150,000-$1,250,000
  • 31 Oct 2017
    Sold for $885,000
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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 9,966 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:

  • The median value for Houses in Rye is $1,041,400 while the median value for Units is $607,386.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 89 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Sam Crowder
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Narelle Crowder
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Crowders Real Estate
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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.