SOLD
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Sold on 05 Dec 2024 for $865,000

7 Omar Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 1053m2
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Property Details for 7 Omar St, Rye

7 Omar St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1053m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Floor Size
190m2
Land Size
1053m2

Last Listing description (December 2024)

Situated in a quiet court location a short distance to Rye's 16th Beach and a short drive to all of what the Peninsula has to offer, this modern brick home is perfectly situated on a great 1053m2 block at the end of a no through road adjoining a natural bushland reserve.
A very thoughtful floor plan boasts three generous sized bedrooms and a kitchen/ lounge area with stacker doors leading you to a covered outdoor space overlooking the expansive rear garden with endless room to put in additional shedding or cultivation a garden of edibles or store any equipment you might have. Currently occupied with excellent tenants if an investment is what you are after or vacant possession is also an option.

Property History for 7 Omar St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$865,000
05 Dec 2024
Listed for Rent
$600/w
27 Jul 2022
  • 05 Dec 2024
    Sold for $865,000
  • 19 Nov 2023
    Listed for Sale $900,000
  • 11 Jul 2022
    Listed for Rent $600 / 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 10,020 properties. Over the last 5 years, Houses in Rye have seen a 46.19% increase in median value, while Units have seen a 40.55% increase. As at 30 November 2024:

  • The median value for Houses in Rye is $1,033,885 while the median value for Units is $697,628.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Michael Flynn
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Rika Flynn
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Flynn and Co Real Estate
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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.