OFF MARKET

8 Market Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 715m2
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Property Details for 8 Market St, Rye

8 Market St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 715m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1980
Floor Size
85m2
Land Size
715m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP213998

Last Listing description (December 2023)

This charming home is set on a lush green allotment 715sqm (approx.) in Rye.
Arriving at the address you'll find an impressive 25.7m of street frontage and a well-maintained house that is set back from the road, enhancing the sense of privacy and tranquillity it offers residents.
Inside the home, you'll be greeted by a functional layout filled with soft natural light. Timber-look flooring flows underfoot in the open-plan living area, whilst plush carpets adorn the bedrooms. Creature comforts include air-conditioning, ceilings fans and a heater for all-seasons living.

The well-equipped U-shaped kitchen features sweeping benchtops, ample cabinetry and a stand-alone cooktop and oven. No shortage of room to prepare delicious meals as you chat with loved ones relaxing in the adjacent open-plan living area.
Two of the three bedrooms feature built-in robes, serviced by a bathroom with separate toilet that will appeal to busy households. Completing the layout is a large storage cupboard and a generous laundry room providing outside access to the decked and covered alfresco. Ideal for entertaining, it overlooks a spacious backyard that kids and pets will adore.
The gardens surrounding the home feature a mix of well-kept lawns, mature trees and garden beds sustaining a year-round natural beauty, with cost effective maintenance via bore water system. Further reducing utility expense is a recently installed rooftop solar system. There is a drive-through carport that leads to a secure garage set to the back of the block, as well as a good-sized shed and plenty of driveway for visitor parking.
In a coveted pocket, a short walk (approx. 750m) will take you to the Tyrone foreshore, a sought-after stretch of peninsula paradise. From there it's a leisurely stroll to Blairgowrie Village or the bustling beachside shops of Rye. Alternatively, jump in the car for a short journey to the world-class golf courses, wineries, surf beaches and endless list of attractions the Mornington Peninsula has to offer.

Property History for 8 Market St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$812,000
04 Feb 2023
  • 22 Feb 2023
    Listed for Sale $780,000 to $850,000
  • 04 Feb 2023
    Sold for $812,000
  • 12 Jan 2023
    Listed for Sale $780,000 to $850,000
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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 10,005 properties. Over the last 5 years, Houses in Rye have seen a 52.61% increase in median value, while Units have seen a 30.51% increase. As at 31 August 2024:

  • The median value for Houses in Rye is $1,047,892 while the median value for Units is $605,995.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Rye.

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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.