OFF MARKET

84 Michael Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 693m2
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Property Details for 84 Michael St, Rye

84 Michael St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 693m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1980
Floor Size
198m2
Land Size
693m2
Local Government
Mornington Peninsula
Lot/Plan
49/LP90052

Last Listing description (March 2021)

Situated 750 mtrs to the renowned Tyrone bay beach and hidden behind a screen of native trees is this modern home, updated over time by a thoughtful craftsman. Unique finishes and creative design combine, to bring a relaxed yet contemporary ambiance to this stylish home. Comprising 3 bedrooms, the Main with designer ensuite complete with floor to ceiling tiles. A large studio style zone downstairs with feature polished concrete floors, allows for huge flexibility by way of including a small kitchenette. An additional large area featuring an indoor skate ramp could be utilized as far as your imagination will allow..! A highly unique home with oodles of character and flair will make coming to the beach a fun adventure and one to look forward to. An easy flat walk to the best beach on the Peninsula, will make memories for years to come. Contact Sam or Marne for your inspection.

Property History for 84 Michael St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,167,500
03 Jan 2021
  • 03 Jan 2021
    Sold for $1,167,500
  • 14 Dec 2020
    Listed for Sale $1,025,000
  • 24 May 2013
    Sold for $395,000
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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.

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.