97 Observation DriveRye VIC 3941
Property Details for 97 Observation Dr, Rye
97 Observation Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 927m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in March 2014.
Last Listing description (March 2014)
Location, Presentation and Great Accommodation
Due to the inevitable life change of downsizing, these reluctant vendors unfortunately must move on. They designed and built this remarkable home and have enjoyed living in its luxury and location. Space abounds in this split level property with tree top views back to Arthurs Seat. Three generous bedrooms are all fitted with built in robes and the main with walk in robe and access to the internal Spa room. Three distinct Living zones/rooms (billiard room possibility) provide ample room for the entire extended family. The large formal lounge overlooks the dining room and includes a combustion fireplace creating ambiance and comfort. Walk through to the well-appointed kitchen which adjoins the large Rumpus area, with gas heating, leading to the expansive deck with scenic views. A large underneath workshop and double garage with extra height for the boat and/or Caravan completes the picture. Inspection will not disappoint.
Property History for 97 Observation Dr, Rye, VIC 3941
- 22 Mar 2014Sold for $480,000
- 17 Oct 2013Listed for Sale IN EXCESS OF $480,000
- 09 Aug 1993Sold for $68,000
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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