OFF MARKET

71 Michael Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 160m2
Land area: 1118m2
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Last updated 11 Nov 2024
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Property Details for 71 Michael St, Rye

71 Michael St, Rye is a 3 bedroom, 2 bathroom House. The property has a land size of 1118m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last transferred in March 2022.

Building Type
House
Floor Size
160m2
Land Size
1118m2
Local Government
Mornington Peninsula
Lot/Plan
PC354374

Last Listing description (April 2024)

This charming home offers 3 bedrooms and 2 bathrooms, providing ample space for comfortable family living. Situated on a generous block, the property features a great garden for children to enjoy or pets to explore, there's a huge deck for BBQ dinners as well as a huge living and dining room with a cathedral ceiling, that offers light and space to the room.
With its spacious layout and inviting atmosphere, this home is ideal for families seeking both relaxation and entertainment. Embrace the coastal lifestyle and create lasting memories in this wonderful retreat near Tyrone Beach.
Please note: The bungalow is not for use.

Property History for 71 Michael St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Transferred
10 Mar 2022
  • 22 Mar 2024
    Listed for Rent $600 / week
  • 10 Mar 2022
    Transferred
  • 01 Nov 2009
    Sold for $522,000
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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 10,002 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 91 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.