50 Observation DriveRye VIC 3941
Property Details for 50 Observation Dr, Rye
50 Observation Dr, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 766m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
Perched at one of the higher points of the street, taking full advantage of the valley outlooks and treetop views in an exceptionally tranquil location - This stunning coastal home can be found in one of Rye's most favourite and sought-after positions, an easy five-minute stroll to Rye's front beach and shops.
Escape into your own world only a short distance to the magic of the surrounding bay and ocean back beaches and enjoy spectacular coastal living in a home that will continue to impress long after your first inspection.
The beautiful contemporary dcor ensures you instantly feel at home amongst the coastal Ti-trees and easily maintained garden. Boasting two living areas, one enjoying a dynamic backdrop of tree tops and sunshine - from the main living, open plan kitchen and the fantastic decked area and outdoor entertaining space.
Combining a long list of luxury features and modern appliances, this exceptional three-bedroom home with two bathrooms boasts wonderful separation allowing cosy single-level living for the primary residents yet easily accommodating family and friends for large-scale entertaining when required.
Some of the many other features include a security-coded front door lock, ample outdoor parking with additional space for caravans, cars, boats etc. split system heating and cooling across both levels, electric shooter gas wood fireplace, modern bathroom renovations and a recently completed concrete driveway.
A generous block size of 767sqm approximately.
Proudly marketed by the team at Ray White in Rye - an inspection will not disappoint.
Property History for 50 Observation Dr, Rye, VIC 3941
- 04 Nov 2022Sold for $950,000
- 26 Sep 2022Listed for Sale $1,000,000 - $1,100,000
- 24 Aug 2021Listed for Rent $575 / week
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 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:
- The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
- Houses have a median rent of $600 while Units have a median rent of $493.
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