OFF MARKET

50 Glen Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 602m2
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Property Details for 50 Glen Dr, Rye

50 Glen Dr, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 602m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2009
Land Size
602m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP78499

Last Listing description (January 2023)

The prized location offers an idyllic lifestyle that is equally suited to relaxed permanent living or full on family holiday fun. The crystal clear waters of Port Philip Bay, Rye Village, Rye RSL plus a myriad of fun and exciting things to see and do are literally just around the corner.

The property itself has brilliant street appeal. Step through the impressive double front doors to reveal a home the most discerning buyer would be proud to call home. The tantalizing floorplan flows beautifully over two levels through to the wonderful alfresco entertaining area at the rear. The upper level offers an open plan living room with striking polished hardwood flooring, two generous bedrooms plus a very user friendly study alcove, as well as a stunning family bathroom.

This sector of the home has internal access to and from the double garage. Amble down a couple of stairs to reveal the main hub of the home. A generous second family living/dining room that opens directly onto the alfresco deck, a hostess kitchen, decked out with top quality stainless steel appliances. The master bedroom suite complete with a stunning ensuite and spacious walk in robe. There is access to the deck from the master suite. Ducted heating plus two split system air-conditioners ensure year round comfort.

The landscaping complete with private courtyards and fun things for the kids/grandkids to explore and enjoy, further enhances the relaxed nature of this exciting Peninsula getaway.

Property History for 50 Glen Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,375,000
28 Mar 2022
  • 28 Mar 2022
    Sold for $1,375,000
  • 01 Feb 2022
    Listed for Sale $1,350,000 to $1,400,000
  • 19 Jan 2017
    Sold for $740,000
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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.