SOLD
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Sold on 09 Jul 2024 for $868,000

8 Locksley Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 647m2
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Property Details for 8 Locksley Rd, Rye

8 Locksley Rd, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 647m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
647m2

Last Listing description (July 2024)

Nestled on a coveted corner block just a leisurely stroll away from the vibrant Rye shopping village and its bustling café and restaurant scene, this recently renovated coastal abode offers an enticing blend of comfort and convenience. Boasting three bedrooms, one bathroom, and a spacious layout, it's an ideal choice for a weekend retreat, a permanent residence, or a lucrative short-term rental opportunity.

The property's potential for subdivision (STCA) adds an extra layer of appeal, complementing its prime location just 450 meters from the water's edge on a generous 653sqm (approx.) parcel of land, ensuring a tranquil ambiance and a sense of serenity.
Step inside to discover a welcoming open-plan living and dining area enhanced by a split-system heating/cooling unit, or extend your entertaining outdoors to the deck. The brand-new kitchen, complete with a dishwasher and sleek stone benchtops, adds a touch of modern luxury, while the central bathroom and three generously sized bedrooms (two with built-in robes) cater to every comfort.

Conveniently situated near wineries, golf courses, and both ocean and bay beaches, this property promises a lifestyle of leisure and exploration. Don't miss the opportunity to secure your slice of paradise in one of the most sought-after locations on the Mornington Peninsula. Your future self will undoubtedly thank you for this wise investment decision.

Property History for 8 Locksley Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$868,000
09 Jul 2024
Listed for Rent
$210/w
01 May 2010
  • 08 Jul 2024
    Sold for $868,000
  • 30 Apr 2024
    Listed for Sale $870,000 to $900,000
  • 21 Apr 2010
    Listed for Rent - Price not available
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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 91 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Aaron Lang
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Ben Kenyon
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Stockdale & Leggo Rye
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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.