88 Observation DriveRye VIC 3941
Property Details for 88 Observation Dr, Rye
88 Observation Dr, Rye is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1987. The property has a land size of 2500m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (April 2022)
This magnificent four/five bedroom home with an additional 2 bedroom garden studio (7 bedrooms in total), can now be yours.
88 Observation Drive is now available for long term lease.
Facing the Bay, the address says it all. Enjoy sweeping Bay views and delight in the outdoors in substantial landscaped private gardens within 2,514 square metres with all the gardens maintained for you on a regular basis included in the rental! Because the garden, with an abundance of fruit trees, berries and herbs, is a valuable feature which adds to the quality of the lifestyle at 88 Observation Drive, the owners wish to maintain it well for the residents. Just sit back and enjoy the verdant surroundings and the tranquillity of the setting! Truly an opportunity not to be missed for those searching for a quality residential property to lease. Walk to the beach, the shops and the primary school.
Boasting:
The outdoor areas are superb with: a magnificent alfresco entertaining area; decks from internal living areas; pergolas and stone-paved terraces immersed in the beautiful garden;
An atmosphere of relaxed luxury throughout the property with two ground level living areas, generous kitchen with modern appliances and stone benchtops; a parent's retreat upstairs opening to balconies, main bedroom with ensuite;
In addition to the spacious home is the separate studio with large open plan living area and two bedrooms; five car carport;
With sustainable living in mind there is: a split-system air conditioning; built-in wood heater; energy-saving 7.2Kw solar on roof top; bore water for the garden;
Secure setting behind a remote gate.
Viewing by appointment only. Contact John Couper to make arrangements. Phone: 0411 884 641.
Property Code: 561
Property History for 88 Observation Dr, Rye, VIC 3941
- 25 Mar 2022Listed for Rent $1,200 / week
- 22 Oct 2021Sold for $2,075,000
- 06 Oct 2021Listed for Sale UNDER OFFER
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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.
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