47 Iolanda StreetRye VIC 3941
Property Details for 47 Iolanda St, Rye
47 Iolanda St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 651m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Last Listing description (March 2018)
Ideally located on the popular 'Tyrone Foreshore' and just a leisurely walk to its beautiful bay beach, this modern and comfortable residence with pleasing neutral tones has so much to offer. Perfectly set up as a current thriving holiday rental, with revenue exceeding $50,000 per annum, you can choose to continue the successful investment or utilise the property as your own holiday or permanent residence. Well appointed with many features which include 3 bedrooms (master with ensuite and WIR), open plan living/dining spaces with timber flooring, modern kitchen(with dishwasher), ducted heating and Coonara, reverse cycle heating and airconditioning, double garaging, outdoor entertaining area and fully landscaped, low maintenance gardens. Great location, quality residence, and an established, exceptional investment return suggests this is your opportunity to successfully enter the strong capital growth Peninsula property market. Don't miss it!
Property History for 47 Iolanda St, Rye, VIC 3941
- 03 Mar 2018Sold for $773,000
- 29 Jan 2018Listed for Sale $685,000 - $750,000
- 18 Nov 2015Sold for $505,000
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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.
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