OFF MARKET

55 Fairhills Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 695m2
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Property Details for 55 Fairhills Dr, Rye

55 Fairhills Dr, Rye is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 2004. The property has a land size of 695m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
2004
Land Size
695m2
Local Government
Mornington Peninsula
Lot/Plan
54/LP74594

Last Listing description (July 2017)

With a touch of a tropical seaside hideaway, this fabulous family home boasts indoor/outdoor living at its best! Located in a quiet area of Rye with an outlook to Cape Shank Lighthouse and beyond, this is the perfect coastal home...
Comprising four bedrooms, master with full ensuite and walkin robes and a large family bathroom to cater for guests. As to living areas 55 Fairhills Drive offers an endless choice of where to entertain or to seek a little private time with three seperate living rooms plus a large dining room all opening to expansive decks and ground floor entertaining.
Plus a seperate guests suite is ideal to earn a little extra with holiday letting or provide 'teenage heaven' quarters, the choices are endless with this fabulous home and superb tropical gardens. Add to this a large double garage with ample storage and you have arrived at 55 Fairhills Drive Rye.

Property History for 55 Fairhills Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$795,000
17 May 2017
  • 17 May 2017
    Sold for $795,000
  • 24 Mar 2017
    Listed for Sale UNDER OFFER
  • 01 Aug 1988
    Sold for $63,000
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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 10,005 properties. Over the last 5 years, Houses in Rye have seen a 52.61% increase in median value, while Units have seen a 30.51% increase. As at 31 August 2024:

  • The median value for Houses in Rye is $1,047,892 while the median value for Units is $605,995.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 304 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.