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8 Allara Street,
Rye VIC 3941

This property is Off Market

All about Rye Homes for sale in Rye

  • The Average property price in this area is $1,863,303, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 1.39 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Belle Property 22 WONDAREE ST, NEW PRICE $425,000 - $465,000 Beds - Baths - Parking Within 0.3 km Stockdale&Leggo 9 WONDAREE ST, $850,000 to $900,000 5 Beds - 2 Baths - 2 Parking Within 0.3 km Stockdale&Leggo 3 WYENA ST, $765,000 3 Beds - 1 Baths - 2 Parking Within 0.4 km Fletchers 34 TUERONG ST, Auction 2nd November at 11:30am 3 Beds - 2 Baths - 2 Parking Within 0.5 km OneAgency 3 PERCY ST, $ 700,000 - $ 735,000 0 Beds - 0 Baths - 0 Parking Within 0.5 km Stockdale&Leggo 65 WONDAREE ST, $900,000 to $990,000 4 Beds - 2 Baths - 2 Parking Within 0.6 km Stockdale&Leggo 20 GAWALLA ST, $650,000 to $700,000 3 Beds - 1 Baths - 3 Parking Within 0.6 km Fletchers 4 THOMSON TCE, For Sale $1,550,000 - $1,650,000 5 Beds - 3 Baths - 3 Parking Within 0.7 km Belle Property 37 LUCIEN RD, $1,695,000 - $1,795,000 4 Beds - 2 Baths - 4 Parking Within 0.8 km Stockdale&Leggo UNIT 1, 15-19 EUGENIA ST, $1,700,000 to $1,850,000 6 Beds - 3 Baths - 3 Parking Within 0.8 km Belle Property 42 OWARRA ST, $1,299,000 - $1,425,000 4 Beds - 2 Baths - 3 Parking Within 0.8 km Belle Property 17 LOUISE ST, $1,690,000 4 Beds - 3 Baths - 4 Parking Within 0.8 km Stockdale&Leggo 26 LUCIEN RD, $1,090,000 to $1,190,000 6 Beds - 3 Baths - 2 Parking Within 0.9 km Stockdale&Leggo 76 DUNDAS ST, $950,000 to $1,040,000 4 Beds - 2 Baths - 2 Parking Within 0.9 km Fletchers 39 CENTRE DR, Sold 3 Beds - 2 Baths - 5 Parking Within 0.9 km Belle Property 39 DUNHAM ST, $2,695,000 - $2,964,000 5 Beds - 3 Baths - 7 Parking Within 1.0 km Stockdale&Leggo 6 MANNANA ST, $990,000 to $1,089,000 5 Beds - 3 Baths - 2 Parking Within 1.0 km Stockdale&Leggo 39 LANDRA ST, $780,000 2 Beds - 1 Baths - 3 Parking Within 1.0 km Stockdale&Leggo 32 DUNLANE CT SOUTH, $1,185,000 3 Beds - 2 Baths - 2 Parking Within 1.0 km Stockdale&Leggo 35 MICHAEL ST, $875,000 to $960,000 3 Beds - 1 Baths - Parking Within 1.2 km Belle Property 16 ELGAN AV, $1,590,000 - $1,690,000 6 Beds - 3 Baths - 5 Parking Within 1.2 km Belle Property 18 CENTRE DR, $2,950,000 - $3,150,000 4 Beds - 3 Baths - 6 Parking Within 1.2 km Stockdale&Leggo 82 CREEDMORE DR, $1,020,000 to $1,120,000 4 Beds - 2 Baths - 3 Parking Within 1.3 km Belle Property 17 ROSLYN AV, $899,000 to $985,000 3 Beds - 1 Baths - 4 Parking Within 1.4 km Belle Property 25 BALLABIL ST, $699,000 - $765,000 4 Beds - 2 Baths - 1 Parking Within 1.5 km Woodards 230 MELBOURNE RD, $799,000 3 Beds - 2 Baths - 2 Parking Within 1.6 km Stockdale&Leggo 12 HIBISCUS GR, $1,100,000 to $1,175,000 4 Beds - 2 Baths - 2 Parking Within 1.6 km Stockdale&Leggo 25 MONOMEITH ST, $1,000,000 to $1,100,000 3 Beds - 2 Baths - 2 Parking Within 1.7 km Fletchers 11 OBSERVATION DR, For Sale $700,000 - $720,000 Beds - Baths - Parking Within 1.9 km Belle Property 5 MCLEOD ST, $3,650,000 - $3,850,000 5 Beds - 4 Baths - 4 Parking Within 2.1 km Stockdale&Leggo 11 ALEXANDRA CR, $1,700,000 4 Beds - 2 Baths - 6 Parking Within 2.4 km

Recently Sold Properties in this Area

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About Point Nepean

With an average age of 44, households expect an average monthly mortgage payment of $1,717 or a weekly rent payment of $393. The average family earns a weekly income of $1,770 with a typical household size of 2.3 and a 98.31% employment rate.

Consistent high demand relative to supply is a key feature in Rye driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Rye due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Rye provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Rye necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Rye we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Rye a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest

Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 2184 asthma sufferers and 975 people living with diabetes. In addition, 1430 people have a heart/vascular condition and 2438 people live with three or more chronic diseases.

A good place to invest in property?

Point Nepean a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

41 / 100

52 / 100

Industry

15 / 100

17 / 100

Population

33 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

34 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

  • School Catchments
    Rye Primary School Rosebud Secondary College

  • Rosebud Secondary College

    Rosebud, VIC, 3939 State 7-12

Property Story

8 Allara Street, Rye, Vic, 3941 is a residential property with 3 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated distance to the sea is only 1.39km and 0.55KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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