5/2049 Point Nepean Road, Rye, VIC 3941 sold on 02 May 2025 | OnTheHouse
SOLD
Sold on 02 May 2025 for $530,000

5/2049 Point Nepean Road
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 143m2
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Property Details for 5/2049 Point Nepean Rd, Rye

5/2049 Point Nepean Rd, Rye is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 143m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Rye in the last 12 months.

Building Type
Unit
Floor Size
89m2
Land Size
143m2

Last Listing description (May 2025)

Ideally located just metres from the shoreline and with classic 70's interiors ripe for renovation, this tempting Peninsula classic awaits its next chapter.

A stone's throw from Rye's vibrant restaurant, caf and shopping hub, this detached villa is perfectly set with a garden frontage to Marshall Street, promoting peace and quiet away from the main drag.

Ideal for investors seeking an exciting portfolio addition, just a short stroll into town and across the road to the pristine waters of Port Phillip Bay.

Capturing the morning sunlight through a leafy aspect, the spacious dimensions welcome a living room with a split system heating and cooling unit and gas heating on entry. This leads to the separate meals and kitchen zone, equipped with gas cooking and access to the rear courtyard.

Two robed bedrooms offer comfortable accommodation beside the bright and immaculate bathroom. A separate laundry with access to the private and enclosed rear courtyard provides the perfect blank slate for your creative touch.

Split-system air conditioning and a single garage complete the picture for instant liveability now, while the perfect bones and ideal aspect provide a fantastic Peninsula gem to make your own!

With Rye being an hour from Melbourne and in immediate proximity to world-class wineries, golf courses, and fantastic beaches via the toll-free Peninsula Link, this property should be on top of your list. So, call now. You won't be disappointed.

Whilst all reasonable effort is made to ensure the information in this advertisement is current, Basso Real Estate does not warrant the accuracy or completeness of the data and information contained in this advertisement and, to the full extent not prohibited by law, excludes all for any loss or damage arising in connection with the data and information contained in this advertisement.

We always recommend that Buyers obtain a building and pest inspection report before making an offer to purchase.

Property History for 5/2049 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$530,000
02 May 2025
  • 16 Apr 2025
    Sold for $530,000
  • 09 Jul 2024
    Listed for Sale $545,000 - $595,000
  • 24 Aug 2010
    Sold for $321,000
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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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 69 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 345 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Ryan Deutrom
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Basso Real Estate
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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.