OFF MARKET

5 Twakurra Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 770m2
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Property Details for 5 Twakurra St, Rye

5 Twakurra St, Rye is a 0 bedroom, 0 bathroom House. The property has a land size of 770m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Land Size
770m2
Local Government
Mornington Peninsula
Lot/Plan
47/LP86400

Last Listing description (January 2024)

Encircled by coastal spoils on the serene southern peninsula amid a playground of stunning bay and surf beaches, this vacant 770m2 (approx) allotment entices with boundless potential to construct a visionary beachside abode (STCA) for permanent or part time living.

Cosseted within a quiet residential precinct with all essential services in place, the gently descending virgin parcel would lend itself superbly to a spacious contemporary dual storey home and swimming pool with a soothing seaside ambience.

A short drive to the cafes, restaurants and laidback beachside bars of bustling Rye town centre and a few minutes' drive to Rye Primary School, the location will appeal to families and holidaymakers equally in this long adored coastal strip just over an hour from Melbourne.

With hot springs, golf courses, yachting facilities, hiking trails, wineries, breweries, day spas, calm bay breaches, crystal coves and surf breaks all within easy reach, this enviable locale delivers the ultimate destination for lifestyle lovers seeking a superb site for their brand new home or holiday house.

Belle Property is proud to be offering this property for sale. For further information, please contact Tim Bradler on 0400 312 412 tim.bradler@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 5 Twakurra St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$677,000
18 Mar 2022
  • 14 Apr 2023
    Listed for Sale $625,000 - $675,000
  • 18 Mar 2022
    Sold for $677,000
  • 22 Sep 2021
    Listed for Sale $695000
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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.