OFF MARKET

7 Michael Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 191m2
Land area: 698m2
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Property Details for 7 Michael St, Rye

7 Michael St, Rye is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1985. The property has a land size of 698m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
House
Year Built
1985
Floor Size
191m2
Land Size
698m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP57529

Last Listing description (December 2017)

Ideally located just a 250m walk to the stunning Tyrone foreshore, this easy living 5-bedroom family home, is perfect for your year round weekender - it is fully furnished, including linen, and is ready to occupy now!
Upstairs, the kitchen is fully equipped with quality appliances including dishwasher, and adjoins the open-plan living/dining area which is a great space for relaxed entertainment. The ground level has its own kitchenette and dining area, along with a living area opening out to the backyard. Main bathroom has a lovely corner spa bath, and the master bedroom has ensuite.
Additional features include a carport, garage, coonara, outdoor shower and more! The list seems endless, a must to inspect. Foxtel and internet are available at the property however not included in the rent.

Inspections by appointment, available to occupy now.

Property History for 7 Michael St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$735,000
05 Feb 2012
Listed for Rent
$525/w
14 Dec 2017
  • 08 Nov 2017
    Listed for Rent $525 / week
  • 05 Feb 2012
    Sold for $735,000
  • 23 Nov 2011
    Listed for Sale 799,500
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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 10,001 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 90 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 319 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.