5 Croanna Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

5 Croanna Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Floor area: 224m2
Land area: 905m2
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Property Details for 5 Croanna St, Rye

5 Croanna St, Rye is a 4 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 905m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Floor Size
224m2
Land Size
905m2
Local Government
Mornington Peninsula
Lot/Plan
320/LP53780

Last Listing description (February 2020)

This magnificent two storey residence has everything you want and more! The stunning undercover deck, polished mahogany timber floorboards, gas fireplace, open plan living areas and rear court yard are just a start.

Enter the ground floor through the modern stone terrace from the front or head straight to the top deck admiring the beautiful vistas upon entering. The ground floor is made up of a second large living area or games room (so your kids can escape) with gorgeous water views and abundant natural light streaming. A large modern bathroom and laundry, fully equipped with Caesar stone bench tops and premium fittings. Three good size accompanying bedrooms with built in robes.

The top floor, you will cast your eyes over the vast unimpeded bay views, admired from your large undercover deck, fantastic for entertaining or unwinding with a book or glass of wine! Leading through the commercial grade bi fold doors to splendid open plan dining/living where you can permanently enjoy watching ships and boats sail by over dinner, soaking up the cosy ambience from the gas log fireplace. Numerous down lights and stone feature wall. Wake up with water views from the main bedroom equipped with huge ensuite and deck access. Main bathroom and contemporary kitchen with modern Bosch appliances are a few steps away. Split system heating/cooling and intercom facilities.

A great storage area under the large double lock up garage offers substantial security and storing opportunities or convert into a guest house or teenagers retreat. The triple undercover carport is a handy bonus for cars, trailers, machinery or boats for safe keeping. Outdoor stairs are a practical addition so you or your guests can head straight up to those glorious balcony views. Privacy and security are a certainty being fully fenced. Massive concrete court yard and driveway surrounded by established trees.

The home is a ten-minute stroll to the beautiful bay beaches and Rye shops. Only a short drive to back beaches, Peninsula hot springs and golf courses. Along with everything the Mornington Peninsula has to offer, this property is sure to impress and will suit buyers looking for a very secure holiday rental investment, keep as your holiday escape house or a large family looking for a permanent home.

Property History for 5 Croanna St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$970,000
09 Jan 2020
  • 09 Jan 2020
    Sold for $970,000
  • 20 Nov 2018
    Listed for Sale $950,000 to $1,045,000
  • 28 Mar 2018
    Listed for Sale $1,000,000 to $1,100,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,064 properties. Over the last 5 years, Houses in Rye have seen a -22.10% decrease in median value, while Units have seen a -4.21% decrease. As at 30 September 2026:

  • The median value for Houses in Rye is $918,392 while the median value for Units is $639,145.
  • Houses have a median rent of $633 while Units have a median rent of $515.
There are currently 65 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 303 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.