OFF MARKET

52 Observation Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 136m2
Land area: 767m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 52 Observation Dr, Rye

52 Observation Dr, Rye is a 3 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 767m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1980
Floor Size
136m2
Land Size
767m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP94299

Last Listing description (October 2024)

Looking for a perfect home close to the beach and town? Look no further than this stunning 3 bedroom home located in the desirable neighbourhood of Rye!

Features include:
- Comfortable living area with plenty of natural light and split system A/C

- Modern kitchen with stone benchtops, dishwasher and gas appliances
- Master bedroom featuring walk in robe, ensuite with bath and double shower and
access to decking area
- Bedrooms 2 and 3 complete with built in robes
- Timber flooring throughout
- Main bathroom to service second and third bedrooms
- Timber garden shed
- Large decking area perfect for entertaining

Short stroll to the vibrant town centre, with its array of shops, restaurants and cafes. Don't miss out on this incredible opportunity!

Please note:
Rental applications will not be processed until you have physically viewed the property.
Inspect by private appointment or as advertised inspection.

Property History for 52 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$780,000
13 Jan 2023
Listed for Rent
$540/w
05 May 2023
  • 10 Jul 2024
    Listed for Rent $495 / week
  • 03 May 2024
    Listed for Rent $560 / week
  • 28 Mar 2023
    Listed for Rent $540 / week
Sign in to see more transactions

Commute Calculator

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 9,999 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 88 properties listed for sale, and 13 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

Market Insights
Rye Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rye Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.