5 Balook Street, Rye, VIC 3941 | House for sale | OnTheHouse
FOR SALE
$910,000-$999,500

5 Balook Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 28m2
Land area: 615m2
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Space, Style & Flexibility in a Peaceful Coastal Pocket

Tucked away in a quiet pocket of Rye, this beautifully updated two storey brick veneer home delivers far more than meets the eye, set on a deceptively spacious 615sqm (approx.) allotment designed for relaxed family living and effortless entertaining. Upstairs reveals a warm and inviting haven, where two generous living zones cater perfectly to modern lifestyles. A stylish kitchen and dining area forms the heart of the home, flowing seamlessly onto a sun-drenched deck that captures a tranquil valley outlook - an ideal setting for entertaining or unwinding. A second expansive lounge provides ample room for the whole family, bathed in natural light and enhanced by polished timber floors that add both warmth and character. Comfort is assured year round with ducted heating and cooling throughout, while three well proportioned bedrooms, all fitted with built-in robes, are serviced by a modern central bathroom complete with separate bath and shower - perfect for families or weekenders alike. Downstairs offers exceptional versatility, presenting options for a fourth bedroom, home office or the addition of a second bathroom to create fully self-contained accommodation (STCA). A substantial double garage is complemented by an adjoining multi-purpose space - ideal as a gym, workshop, studio or ultimate retreat. Outdoors, a large, flat grassed yard provides the perfect playground for children and pets, rounding out a property that combines space, aspect, flexibility and lifestyle appeal - in one compelling package. Proudly marketed by Crowders Real Estate.
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Property Details for 5 Balook St, Rye

5 Balook St, Rye is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 615m2 and floor size of 28m2. The place is currently for sale with Crowders Real Estate.

Building Type
House
Floor Size
28m2
Land Size
615m2
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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 2016 was 8416 people. By 2021 the population was 9438 showing a population growth of 12.1% 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 2021, 75.40% of the homes in Rye were owner-occupied compared with 71.60% in 2016.

Rye has 10,056 properties. Over the last 5 years, Houses in Rye have seen a -0.99% decrease in median value, while Units have seen a 5.96% increase. As at 30 April 2026:

  • The median value for Houses in Rye is $998,675 while the median value for Units is $640,646.
  • Houses have a median rent of $600 while Units have a median rent of $495.
There are currently 57 properties listed for sale, and 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 344 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Sam Crowder
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Narelle Crowder
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Crowders Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.