24 Gray Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

24 Gray Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 218m2
Land area: 892m2
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Property Details for 24 Gray St, Rye

Building Type
Land
Year Built
2010
Floor Size
218m2
Land Size
892m2
Local Government
Mornington Peninsula
Lot/Plan
2387/LP44560

Last Listing description (December 2020)

If modern, ultra low maintenance, single level living is one of your prerequisites, then don't miss this quality, 4/5 bedroom home.
Sitting on a generous level garden allotment of 891sqm (approx) the home offers a commanding street presence. The home is well serviced with 3 potential living zones and a magnificent master retreat with WIR and ensuite. The oversized 5th bedroom/study/sitting room is a totally flexible space, both front rooms are finished stylishly with plantation shutters. Three further bedrooms all feature ceiling fans, fully fitted robes and white roller blinds. Finished in tasteful stone hues throughout, a central bathroom with semi frameless shower, bath and separate toilet complete the picture. An entertainer's kitchen boasts the latest white Caesar stone, glass splash backs and commercial stainless steel stove, range hood, dishwasher, plus large island bench and there's even a clever walk through butler's pantry. The open plan family/dining zone works beautifully as the central hub of the house, flowing to a fully covered exterior deck area and separate lounge room.

With ducted heating, separate laundry with plenty of cupboards, double lockup garage, internal cellar/store room, water tank and a lovely lawned garden with room for a pool, there's even easy side access for a trailer/boat - perfect family fair in a this peaceful cul-de-sac location. 355m to the back beach national park and a short walk to Number Sixteen beach, you have just found the perfect investment in your coastal lifestyle.

Property History for 24 Gray St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$842,000
27 Dec 2019
  • 27 Dec 2019
    Sold for $842,000
  • 05 Dec 2019
    Listed for Sale $820,000 - $895,000
  • 08 Feb 2015
    Sold for $640,000
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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 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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 8.39% increase in median value, while Units have seen a 14.03% increase. As at 28 February 2026:

  • The median value for Houses in Rye is $1,019,442 while the median value for Units is $630,850.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 properties were sold in the past 12 months in Rye.

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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.