3/5 Rex AvenueRye VIC 3941
Property Details for 3/5 Rex Ave, Rye
3/5 Rex Ave, Rye is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 157m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (May 2024)
A brilliant location just a 500m walk to the white sandy beaches of Rye Foreshore and the Rye shops, this low maintenance unit will be a lifestyle decision that you will never regret.
Privately located at the rear of a small block of three units, the home welcomes you into an open plan living and dining room which is served by a tidy and functional kitchen. Two generous bedrooms both with built in robes, bathroom with separate toilet and laundry facilities complete the inside. Outside a low maintenance courtyard with manicured lawn and alfresco offers space to unwind.
Other features include, split system heating/cooling and single lock up garage with courtyard access. Fantastic opportunity for downsizers, investors, first home buyer or the perfect low maintenance beach house.
Property History for 3/5 Rex Ave, Rye, VIC 3941
- 04 Apr 2024Listed for Rent - Price not available
- 29 Feb 2024Sold for $635,000
- 17 Jan 2024Listed for Sale $625,000 to $675,000
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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 29.69% increase in median value, while Units have seen a 49.75% increase. As at 31 October 2025:
- The median value for Houses in Rye is $1,008,120 while the median value for Units is $546,821.
- Houses have a median rent of $590 while Units have a median rent of $475.
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