OFF MARKET

6 Fairhills Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 750m2
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Property Details for 6 Fairhills Dr, Rye

6 Fairhills Dr, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 750m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1980
Floor Size
101m2
Land Size
750m2
Local Government
Mornington Peninsula
Lot/Plan
14/LP73554

Last Listing description (December 2019)

This timeless old weatherboard classic beach house in a prized location has been in the one family for generations. Every family member has a favourite story to tell about their Summer holidays at the Rye House. Alas, the time has come to move on and let new owners flex their muscles and let their creative juices run free before it is too late. Opportunity awaits to purchase just the house or purchase the house and the adjoining block. You may choose to buy one or both. The home itself is typical of the era. Rectangular in design, with 3 bedrooms, quite a decent sized living room, quaint kitchen, bathroom and laundry. There is also a front verandah with a great outlook. The home is a classic weatherboard. With escalating prices and a huge shortage of properties to sell on the Peninsula, this may just be the inspiration you need. Take a couple of hours out of your weekend and pop through the open home.

Property History for 6 Fairhills Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$480,000
03 Dec 2019
  • 03 Dec 2019
    Sold for $480,000
  • 28 Oct 2019
    Listed for Sale UNDER CONTRACT

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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.