SOLD
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Sold on 13 Jun 2024 for $800,000

7 Sussex Road
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 767m2
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Property Details for 7 Sussex Rd, Rye

7 Sussex Rd, Rye is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 767m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
767m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP188287

Last Listing description (June 2024)

Discover your private oasis nestled in the heart of Rye, where tranquility meets convenience in a leafy, secluded street. This exquisite property, boasting an updated coastal feel, invites you to embrace a lifestyle of ease and sophistication. Impeccably presented and move in ready, this home is a sanctuary of natural light, highlighting the timeless beauty of wood floors that flow seamlessly throughout. Featuring two generously sized bedrooms and a well appointed kitchen and bathroom, this residence perfectly combines functionality with the serene ambience of its surroundings. Storage is plentiful with generous carport, garage and shedding located adjacent to the home. Situated on a flat parcel of approximately 767m2, the property offers ample outdoor space for relaxation or entertainment amidst nature's charm. Additionally this property can be sold fully furnished, as its currently returning approx $38,000 gross holiday rental, enhancing its allure and providing ultimate convenience for the new homeowner. The location is unparalleled, abutting acreage properties & providing easy access to bay beaches and the vibrant Rye village, where a blend of local culture and conveniences await. Leisure and recreation abound, with the Rye Bowls Club, prestigious golf courses, and the rejuvenating hot springs all within easy reach. Proudly marketed by Crowders Real Estate.

Property History for 7 Sussex Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$800,000
13 Jun 2024
  • 03 Jun 2024
    Sold for $800,000
  • 24 Apr 2024
    Listed for Sale $800,000-$850,000
  • 15 Feb 2022
    Sold for $838,000
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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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Contact agent
Narelle Crowder
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Sam Crowder
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Crowders 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.