44 Observation Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

44 Observation Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 224m2
Land area: 766m2
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Property Details for 44 Observation Dr, Rye

44 Observation Dr, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 766m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in July 2011.

Building Type
House
Floor Size
224m2
Land Size
766m2
Local Government
Mornington Peninsula
Lot/Plan
216/LP19188

Last Listing description (September 2011)

BUY A HOME A BUILDER WOULD BUY
THIS STUNNING PROPERTY IS OFFERED BELOW REPLACEMENT VALUE...WHY?. THIS IS A CRAFTSMAN BUILDER'S HOME WHO NEEDS TO MOVE ON TO HIS NEXT JOB. HE UNDERSTANDS THAT HE WINS SOME AND NOT ON OTHERS. SIMPLY, HE'S WANTS TO MOVE ON TO HIS NEXT PROJECT... SO...HERE IS YOUR OPPORTUNITY TO PURCHASE AN ALMOST NEW HOME THAT HAS 'THE LOT...AND THEN SOME'. YES, YOU DO HAVE A LONG TIME TO ENJOY KNOWING THERE ARE STILL 5 YEARS TILL THE BUILDER'S WARRANTY EXPIRES.... JUST TO GIVE YOU PEACE OF MIND. OFFERING 4 BEDROOMS, STUDY, 3 LIVING AREAS, 3 BATHROOMS AND HUGE OUTSIDE NORTH AND WEST FACING DECKING, PROVIDES MULTIPLE SLEEPING AND LIVING OPTIONS. THIS IS A HOME FOR A FAMILY WANTING TO ENJOY EACH OTHER'S COMPANY OR IF YOU HAVE THE RELIES COME VISIT... THERE'S PLENTY OF ROOMS TO HIDE IF YOU WISH. THERE'S EVENT THE OPPORTUNITY TO RENT THE LOWER SELF CONTAINED AREA TO HELP WITH THE MORTGAGE. INDOOR, OUTDOOR LIVING, TIMBER BI-FOLD DOORS, CENTRAL HEATING/AIRCON, CENTRAL VACUUM SYSTEM, SPACIOUS PATIOS, DESIGNER KITCHEN...AND COP THIS... YOUR OWN SAUNA ROOM FOR WHEN YOU HAVE REMOVED YOURSELF FROM THE 'SPA FROM HEAVEN'. CAP THIS OFF WITH 5 STAR ENERGY RATING, SOLAR HOT WATER AND VIEWS DOWN THE VALLEY LEADING DOWN TO THE RYE VILLAGE NOT FAR AWAY. HANS RUBENS : 0409 796 216

Property History for 44 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$682,500
11 Jul 2011
  • 11 Jul 2011
    Sold for $682,500
  • 26 May 2011
    Listed for Sale $680,000 - $740,000
  • 12 Oct 2010
    Listed for Sale $690,000 - $750,000
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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 10,058 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 73 properties listed for sale, and 5 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 343 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.