5 Yarrayne StreetRye VIC 3941
Property Details for 5 Yarrayne St, Rye
5 Yarrayne St, Rye is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 781m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (September 2021)
Proudly perched behind a lush frontage and nestled within an enviable pocket of house-proud neighbours, this loving double-storey home is set to welcome new opportunity and new life, nestled only moment to the pristine coastline of Rye, Peninsula Pantry, and French Street Reserve.
An enticing combination of potential awaits, delivering impressive development possibility (STCA) or intriguing restoration, all whilst neatly packaged within a manageable allotment of 781sqm (approx.). Sporting a solid structure akin to its once stylish design, this three bedroom, one bathroom, split-level home shines with an abundance of light that fills every corner.
This home is rich with flair, delivering a unique floorplan laden with the heightened ceilings, sloped roof with exposed beams, free-flowing family domain, whilst the rear of the home is anchored by three bedroom, main bathroom with private WC and designated laundry. Downstairs, a dynamic space inclusive of kitchenette sits awaiting a teanagers retreat, home office or additional living.
The expansive garden comes with established trees and an abundance of evergreen foliage; with a coastal shrubbery backdrop, the sweeping rear yard would be a gardener's delight to shape and make their own. A private driveway leads to a generous landing, set well-back from the road, and offers ample off-street parking and space for a trailer, caravan or Jet Ski.
Perfectly positioned to enjoy all the spoils of genuine peninsula living, this home will appeal to renovators, those seeking a large project, or wishing for the space to rebuild.
Property History for 5 Yarrayne St, Rye, VIC 3941
- 24 Jul 2021Sold for $805,000
- 27 Jun 2021Listed for Sale Auction
- 15 Feb 2016Listed for Rent $290 / week
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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 10,002 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.
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