OFF MARKET

9 Yoorala Road
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 63m2
Land area: 761m2
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Last updated 11 Nov 2024
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Property Details for 9 Yoorala Rd, Rye

9 Yoorala Rd, Rye is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 761m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1960
Floor Size
63m2
Land Size
761m2
Local Government
Mornington Peninsula
Lot/Plan
5/LP26137

Last Listing description (November 2022)

** This property will be available for private one-on-one inspections only. It is a requirement for buyers to book an appointment before attending any inspection - please email the agent to arrange this **

A fresh start awaits the savvy purchaser of this well located property. Difficult to come by and even harder to find in these locations, this 763 sqm (approx) allotment is situated only 700mtrs to bay beach and shopping precinct and you could even walk to the Peninsula Hot springs. The existing holiday home is an original 2 bedroom dwelling that the one family has held for approx 31 years and have finally decided the time is right to let it go. This is your chance to secure a wonderful parcel of land, which you can build your dream home or renovate the current home to suit, making your lifestyle dreams a reality in one of the most sought after suburbs on the Peninsula.

Property History for 9 Yoorala Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$805,000
08 Oct 2021
  • 08 Oct 2021
    Sold for $805,000
  • 29 Sep 2021
    Listed for Sale Sale | $680,000 - $725,000
  • 21 Jun 1990
    Sold for $70,000

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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 9,999 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 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Rye.

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