OFF MARKET

6 Government Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 131m2
Land area: 902m2
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Last updated 11 Nov 2024
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Property Details for 6 Government Rd, Rye

6 Government Rd, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 902m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Floor Size
131m2
Land Size
902m2
Local Government
Mornington Peninsula
Lot/Plan
185/LP5989

Last Listing description (April 2022)

A development opportunity blessed with an unbeatable location a mere 3 doors up from the Foreshore, offering potential to subdivide (STCA) or with the existing home in good condition and generous in proportions, keeping the house and renovating into your dream beach home is also a sound option.

Set on a generous and flat 902sqm (approx.) allotment in the heart of Rye with shops, the pier and foreshore at your doorstep, the property features four bedrooms all with built in robes, the master with walk in robe and ensuite, living room, adjacent kitchen and meals area, second living area, family bathroom, laundry and double garage to the rear with bathroom ideal for multi use as workshop.

With a wide 20.1m (approx.) frontage, chances like this are extremely rare and with demand red-hot for quality lifestyle properties, call your architect or draftsman and start planning now.

With Peninsula property highly sought after it would be a shame to hesitate and miss this one of a kind property in an ideal location

Property History for 6 Government Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,826,000
06 Nov 2021
  • 06 Nov 2021
    Sold for $1,826,000
  • 12 Oct 2021
    Listed for Sale $1,200,000 to $1,300,000
  • 25 Oct 1978
    Sold for $23,500

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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.