SOLD
Sold on 02 Jul 2024 for $755,000

6 Melbourne Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 858m2
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Property Details for 6 Melbourne Rd, Rye

6 Melbourne Rd, Rye is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 858m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
100m2
Land Size
858m2
Local Government
Mornington Peninsula
Lot/Plan
35/LP30579

Last Listing description (August 2024)

Renovate or redevelop 400m to the beach!

A dream site for beachcombers barely 400m to the shore and easy walking distance to the cafes, restaurants and shops of vibrant Rye town centre, this sundrenched seaside classic on a gently elevated 858m2 (approx) allotment showcases a wealth of possibilities for renovation, redevelopment, the rental market or simply relaxed weekend getaways.

Crisp and coastal with fresh tones, polished timber floors and vaulted ceilings with exposed beams, the home has been well cared for yet offers exciting opportunity for a contemporary update. With potential to build up (STCA) to capture views of Port Phillip Bay, the three-bedroom residence invites endless opportunity to transform the sweet beach retreat to a luxurious coastal sanctuary worthy of this blue-chip location.

Highly rentable as you await plans and permits for a proposed greater vision, the residence features adjoining living and dining zones and a tidy kitchen with an open-plan design, freestanding electric stove and plenty of storage. A full bathroom with shower, bath and separate toilet via the laundry service the home, while gas heating, an airconditioning unit, covered alfresco, shed and carport are among the inclusions.

Strolling distance to Rye Primary School, shops and all essential services, with golf courses, hot springs, yachting facilities and surf breaks a short drive away, this well-situated residence may also suit those looking to secure a beachside property for permanent living and upgrade over time or clear the land to make way for a brand-new home (STCA).

To be notified when inspections of this property are available, to be sent a copy of the Contract and advised of property updates, simply submit an enquiry on this page.

Belle Property is proud to be offering this property for sale. For further information, please contact Jay Furniss on 0419 728 225 jay.furniss@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 6 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$755,000
02 Jul 2024
Listed for Rent
$380/w
24 Aug 2018
  • 02 Jul 2024
    Sold for $755,000
  • 27 Mar 2024
    Listed for Sale CONTACT AGENT
  • 18 Jul 2018
    Listed for Rent $380 / week
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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 94 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.