1 Merchant Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

1 Merchant Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 656m2
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Property Details for 1 Merchant St, Rye

1 Merchant St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 656m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1960
Floor Size
145m2
Land Size
656m2
Local Government
Mornington Peninsula
Lot/Plan
1157/LP34523

Last Listing description (July 2023)

What a delightful lifestyle 1 Merchant St can offer. Be captivated as you immerse yourself in the coastal allure of this stunning Peninsula property. Set on an ideal flat corner allotment within close proximity to the sparkling waters of Tyrone Foreshore and a short stroll to Rye's Coastal Back Beach wonderland.

Combining a long list of features, this exceptional three bedroom single level home will certainly impress as it offers a private, quiet setting perfect for living and or entertaining.

Enjoying its spectacular position in a private, quiet and tightly held pocket of the Tyrone area, this is your opportunity to make owning your very own luxury beach house a reality.

Features:

Three bedrooms with built-in robes
Two bathrooms including an ensuite to master
Two living areas
Well-appointed kitchen overlooking family and entertainment area
Floating timber floors, new carpets in bedrooms and floor tiles in kitchen and family area
Freshly painted interior through out
Split system heating and air conditioning
Alfresco covered entertaining area area
Private and secluded

INSPECTION IS BY APPOINTMENT ONLY

With Rye being just on an hour from the Melbourne CBD and in immediate proximity to world class wineries, golf courses and beaches via the toll free Peninsula Link, this property should be on top of your list. So call now. You won't be disappointed.

Whilst all reasonable effort is made to ensure the information in this advertisement is current, First National Basso does not warrant the accuracy or completeness of the data and information contained in this advertisement 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 advertisement

Close to Beach
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/9835/listing/20417338/1279658/SOI_3385731_1601343857375.pdf

Property History for 1 Merchant St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$752,500
03 Oct 2020
Listed for Rent
24 Apr 2020
  • 03 Oct 2020
    Sold for $752,500
  • 06 Apr 2020
    Listed for Rent - Price not available
  • 13 Feb 2020
    Listed for Sale $750,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,060 properties. Over the last 5 years, Houses in Rye have seen a -19.08% decrease in median value, while Units have seen a -4.50% decrease. As at 31 August 2026:

  • The median value for Houses in Rye is $923,563 while the median value for Units is $633,054.
  • Houses have a median rent of $620 while Units have a median rent of $523.
There are currently 51 properties listed for sale, and 13 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 322 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Cotality Copyright and Legal Disclaimers about Property Data
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.