8 Balook Street, Rye, VIC 3941 sold on 08 May 2025 | OnTheHouse
SOLD
Sold on 08 May 2025 for $915,000

8 Balook Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 604m2
Land area: 605m2
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Property Details for 8 Balook St, Rye

8 Balook St, Rye is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 605m2 and floor size of 604m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
604m2
Land Size
605m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP148410

Last Listing description (July 2025)

Tucked away in a peaceful pocket of Rye, just moments from the Peninsula's most treasured attractions, 8 Balook Street is a coastal sanctuary that effortlessly blends modern style with relaxed seaside charm. This beautifully updated three-bedroom, three-bathroom home captures the essence of beachside living, offering light-filled interiors and thoughtfully designed spaces that invite you to unwind and entertain.

Step inside, and you'll be greeted by a soothing palette of soft neutrals, warm wood tones, and natural textures-perfectly in tune with its coastal surrounds. A stunning modern kitchen, complete with sleek wood countertops and premium appliances, sits at the heart of the home, flowing seamlessly into open-plan living spaces bathed in natural light. Hybrid flooring and plush carpets add a touch of luxury underfoot, while each of the three stylishly renovated bathrooms showcases unique, bespoke vanities that add character and charm.

Designed for effortless indoor-outdoor living, the home's expansive undercover entertaining deck is an absolute showstopper. Whether hosting a summer barbecue or enjoying a quiet morning coffee, this space is made for making memories. An undercover spa provides the perfect spot to relax after a day at the beach, while the lush coastal gardens offer a tranquil retreat, with multiple alfresco zones to enjoy.

Beyond the home, Rye's vibrant coastal lifestyle awaits. The pristine shores of Rye Beach are just minutes away, inviting you to spend your days swimming, paddleboarding, or simply soaking up the sun.
Nearby, the iconic Peninsula Hot Springs offers a world-class wellness experience, while The Cups Estate and St Andrews Beach Brewery are just a short drive away for those who appreciate fine wine and craft beer. Golf lovers will relish the proximity to world-renowned courses like Moonah Links and The Dunes, while the charming villages of Sorrento and Blairgowrie provide boutique shopping, gourmet dining, and picturesque coastal walks.

A true embodiment of laid-back luxury, 8 Balook is more than just a home-it's a lifestyle. Whether you're seeking a permanent sea change or a stylish holiday retreat, this stunning property offers the perfect blend of modern comfort, coastal tranquillity, and effortless sophistication.

Property Highlights Include:

- Beautiful three bedroom , three bathroom coastal sanctuary.
Located in the heart of Rye - just minutes to local tourist attractions, beaches, cafes and shopping.
- Stunning alfresco entertaining deck.
- Undercover spa - perfect for relaxing after a long day!
- Downstairs games room/4th bedroom
- Stylishly updated bathrooms - each featuring its own unique bespoke vanity.
- Beautifully renovated kitchen featuring timber benchtops, quality appliances and ample custom cabinetry.
- Secure garage.
- Hybrid flooring and soft carpets throughout.

Property History for 8 Balook St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$915,000
08 May 2025
  • 08 May 2025
    Sold for $915,000
  • 07 Mar 2025
    Listed for Sale SOLD
  • 25 Sep 2013
    Listed for Sale $349,000
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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 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 78 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 354 properties were sold in the past 12 months in Rye.

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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.