20 Observation DriveRye VIC 3941
Property Details for 20 Observation Dr, Rye
20 Observation Dr, Rye is a 4 bedroom, 2 bathroom House. The property has a land size of 770m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (July 2022)
Just minutes to the beach and shops, this home offers its lucky new owner a lifestyle you can only dream of and a holiday home or full term residence your friends and family will be envious of. The floorplan is perfect for a large family or when you have a long line of guests over the summer season.
On the ground level the entrance hall leads you into the open plan living and dining area looking out beyond the elevated deck and to the views of the surrounding greenery. With vaulted ceilings, neutral colour palate and served by renovated kitchen with ample storage, the living area streaming with natural light is the perfect beachside home. Three bedrooms all with built in robes and family bathroom complete the ground floor.
Below offers flexibility as a guest suite, teenagers retreat, home studio or simply additional accommodation for larger families, featuring; living space, kitchen, bathroom, bedroom and laundry. Outside the rear yard is kept neatly manicured with scope for further landscaping if desired while the front features a double crossover driveway providing ease of access for boats, caravans or other vehicles.
Property History for 20 Observation Dr, Rye, VIC 3941
- 24 Apr 2022Sold for $1,155,000
- 12 Apr 2022Listed for Sale $1,100,000 to $1,200,000
- 15 Nov 2000Sold for $157,000
Recent sales nearby
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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 10,058 properties. Over the last 5 years, Houses in Rye have seen a 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:
- The median value for Houses in Rye is $1,014,366 while the median value for Units is $622,295.
- Houses have a median rent of $600 while Units have a median rent of $500.
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