OFF MARKET

8 Pamela Avenue
Rye VIC 3941

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 813m2
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Property Details for 8 Pamela Ave, Rye

8 Pamela Ave, Rye is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 813m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1970
Floor Size
129m2
Land Size
813m2
Local Government
Mornington Peninsula
Lot/Plan
28/LP51405

Last Listing description (March 2022)

**Floorplan is not available at this time.
This quintessential holiday home set on a glorious 815sqm (approx) flat parcel of land, creates a unique opportunity for the savvy buyer to immerse themselves into one of the areas finest locations. Filled with coastal charm and character, this much loved holiday pad will give years of relaxed family breaks, whilst future potential lay within grasp, given its first class location and superb allotment. The current owners have given its appearance a facelift, however further potential lie within, with minor updates here and there, this home will become a sparkling residence of a more permanent nature. Adorning 4 bedrooms plus 2nd living area/ 5th bedroom, L shaped living zone with polished timber flooring and open fire place, updated kitchen and modern bathroom. Outdoor entertaining to both the front and rear give dual areas for chasing the suns rays or seeking shelter. Beautiful coastal Moonah trees are dotted over this magnificent North facing allotment giving a serene and private enjoyment in this highly sought after position. Proudly marketed by Crowders Real Estate.
Open 22nd January 2022 @ 3:00pm-3.30pm.

Property History for 8 Pamela Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,325,000
02 Feb 2022
Listed for Rent
$270/w
20 May 2008
  • 02 Feb 2022
    Sold for $1,325,000
  • 17 Jan 2022
    Listed for Sale $1,125,000-$1,225,000
  • 20 Feb 2017
    Sold for $205,000
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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 10,001 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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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.