SOLD
Sold on 02 Sep 2024 for $815,000

72 Valley Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 668m2
Sold By
Ypa Rye & Lifestyle Property Division Rye
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Property Details for 72 Valley Dr, Rye

72 Valley Dr, Rye is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 668m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
120m2
Land Size
668m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP167203

Last Listing description (November 2024)

Offering charm, comfort and convenience, this wonderfully unique three-bedroom, two-bathroom family haven is the perfect blend of retro appeal and coastal living.

Providing a long list of quality inclusions and distinctive features, the warm interior of the home boasts high timber-lined ceilings that create an airy, inviting atmosphere, complemented by classic early 1970's style bathrooms & kitchen, and a cosy wood-burning fire that serves as the centrepiece of the living area, offering a warm and welcoming space for family gatherings and quiet nights in.

The large loft style primary bedroom is filled with natural light and has a very unique balcony style wall that overlooks into the main living room. This bedroom also has its own split system heating and cooling for optimum year round comfort.

Ideally situated just a short stroll from the vibrant Rye Village and picturesque foreshore, this fantastic property is the perfect blend of modern convenience and the nostalgia of yesteryear.

Property Features Include:

- Fantastic three bedroom, two bathroom brick home.
- High timber lined ceilings throughout.
- Retro bathrooms & kitchen.
- Split system heating and cooling.
- Wood burning fire.
- Loft style primary bedroom.
- Excellent Rye location! ? Just a short walk to the centre of town.

Property History for 72 Valley Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$815,000
02 Sep 2024
Listed for Rent
$495/w
23 May 2023
  • 02 Sep 2024
    Sold for $815,000
  • 31 Jul 2024
    Listed for Sale UNDER CONTRACT
  • 01 Mar 2023
    Listed for Rent $495 / 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 10,000 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.