58 Melbourne RoadRye VIC 3941
Property Details for 58 Melbourne Rd, Rye
58 Melbourne Rd, Rye is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1980. The property has a land size of 1600m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Rye in the last 12 months.
Last Listing description (July 2023)
Step back in time, when quality was important! Today's replacement cost of this stately home would be mind boggling! Sitting proudly on approx. 1600 SQM and featuring double brick and suspended slab construction, this beauty boasts an incredibly versatile floorplan consisting of 6 bedrooms, 2 bathrooms, 2 kitchens and multiple living zones.
The current owner has enjoyed approx. 50 years of special family holidays together, often up to 4 families getting together, and accommodating them all with ease. Take advantage of the size which will cater to all the needs to even the most demanding of families or, earn a huge income stream from multiple holiday stays / Airbnb.
The grounds are awe inspiring with expansive and professionally set up veggie gardens, all connected to bore water and are fully automated the epitome off grid living! Making this treasure even sweeter, it is located in one of Rye's most coveted positions, short walk to the Beach and the Bay trail and a stone's throw to the Rye football/netball/tennis clubs and skate park.
Property History for 58 Melbourne Rd, Rye, VIC 3941
- 30 Nov 2023Sold for $1,400,000
- 09 Mar 2023Listed for Sale $1,700,000 - $1,870,000
- 01 Sep 2009Sold for $450,000
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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 10,001 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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