94 Observation DriveRye VIC 3941
Property Details for 94 Observation Dr, Rye
94 Observation Dr, Rye is a 3 bedroom, 2 bathroom House and was built in 2021. The property has a land size of 1028m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Last Listing description (March 2016)
A great opportunity to purchase a large allotment of approx 1027sqm to build your dream home or holiday getaway.
Sloping away from the road, the land offers a building envelope towards the rear allowing plenty of room for a modern coastal home similar to adjacent properties.
Water is already connected to the site and all other services are available including sewerage.
Property History for 94 Observation Dr, Rye, VIC 3941
- 15 Jan 2016Sold for $235,000
- 24 Dec 2015Listed for Sale UNDER CONTRACT
- 26 Sep 2008Sold for $225,000
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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 10,061 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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