OFF MARKET

62 Dunham Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 534m2
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Property Details for 62 Dunham St, Rye

62 Dunham St, Rye is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 534m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Land Size
534m2
Local Government
Mornington Peninsula
Lot/Plan
68/LP117274

Last Listing description (April 2020)

SALE BY SET DATE CLOSING 4:00PM TUESDAY, 14TH APRIL 2020 (UNLESS SOLD PRIOR)

Situated on the popular "Tyrone Foreshore" and only about 700 metres to the beautiful bay beach, this great 2 bedroom/2 living area property has plenty of improvement potential. With current plans for an extension (which will pass to the new owner with the sale) of a further 2 bedrooms, living room and extra bathroom, completion will ensure significant capital growth in the future. Possessing a tranquil tree top and sand dune vista to the south/west from the sundrenched entertaining deck with a light and bright aspect throughout the house. Break out the paint brush and the tools and with a little imagination and some "elbow grease", transform the property into the ideal holiday home, permanent residence or investment property. ABSOLUTE ENTRY LEVEL bargains like this don't come along too often - this is literally the best buy in Rye. So be quick!


PRIVATE INSPECTION ONLY BY APPOINTMENT.

Property History for 62 Dunham St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$500,000
03 Apr 2020
Listed for Rent
$330/w
22 Mar 2017
  • 03 Apr 2020
    Sold for $500,000
  • 27 Mar 2020
    Listed for Sale $450,000 - $495,000
  • 28 Feb 2017
    Listed for Rent - Price not available
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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.