SOLD
RECENT ADVICE
Sold on 22 Sep 2024 for $1,800,000

7 Lyons Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 117m2
Land area: 567m2
Sold By
Shoreline Real Estate
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Property Details for 7 Lyons St, Rye

7 Lyons St, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 567m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
117m2
Land Size
567m2
Local Government
Mornington Peninsula
Lot/Plan
30/LP19465

Last Listing description (September 2024)

Just steps from the shimmering bay beach and the lively Rye Village shopping strip, this prime location offers a rare opportunity to embrace the ultimate coastal lifestyle. Nestled in a contemporary single-level home, you'll enjoy effortless upscale living with a seamless indoor-outdoor flow designed for relaxation and entertaining.

Leave the car behind and stroll to cafes, medical facilities, specialty shops, restaurants, Woolworths, the RSL, yacht club, and the bay beach-all at your doorstep.

The thoughtfully designed home features 4 bedrooms (or 3 plus a home office/media room) and 2 luxurious bathrooms. The master suite is a retreat in itself, complete with a walk-in robe and fully fitted ensuite. The gourmet kitchen, anchored by a stone island bench, is equipped with premium Smeg appliances, including 2 ovens, a 900mm gas cooktop, rangehood, and dishwasher, plus a separate butler's pantry for extra convenience.

The open-plan living and dining area, with split A/C and a French gas log fire framed by a stone surround, extends effortlessly to the outdoors. Large sliding doors lead to a spacious al fresco deck, which connects to an architect-designed all-season cabana. Fully equipped with cabinetry, a stone benchtop, built-in BBQ, and hot/cold sink, this outdoor oasis is perfect for both relaxed and formal gatherings.

Additional features include a fully appointed laundry, double remote-control garage with internal access, two split unit A/C systems, panel heating, gas log fire, spotted gum floors, quality carpets in bedrooms, tiled bathrooms, and an outdoor shower. There's also room to add a pool in the landscaped garden.

This prestigious property will captivate those seeking a permanent coastal residence, a holiday retreat, or a premium rental investment with potential for strong capital growth. With glimpses of Rye Pier and the sparkling blue bay, this is a rare chance to secure your dream coastal lifestyle.

Property History for 7 Lyons St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,800,000
22 Sep 2024
  • 22 Sep 2024
    Sold for $1,800,000
  • 13 Sep 2024
    Listed for Sale $1,745,000 - $1,825,000
  • 18 Sep 2023
    Sold for $1,610,000
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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 10,000 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.