Back 12/2475 Point Nepean Road
Off Market

12/2475 Point Nepean Road

Rye VIC 3941

2
1
1
0 m²
129 m²
Unit
Last sold for $577,500
Michael PrenticeMichael Prentice, last sold this property on 13 March 2026 after 21 days on market.

Overview

FRONT ROW SEATS!

Conveniently located a leisurely 200m (approx.) stroll to Rye Hotel and Village with Bay beach and boat ramp directly opposite is this well presented 2-bedroom unit offering dual access entry from Point Nepean Rd and Maori Street to the rear. Offering fresh, light neutral tones throughout it comprises an open plan kitchen, lounge and dining area, 2 bedrooms with semi- ensuite/ laundry combined, separate toilet, private rear yard to catch the afternoon sun, single lock up garage and hard standing area for further storage at the rear. Put simply this represents a terrific, entry-level priced opportunity to invest in this Premier seaside location.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
129 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Rye over the last 12 months, the estimated median property value of 12/2475 Point Nepean Road is $542.5k.

Median value
$542.5k
Estimated value range
$500k - $635k
Median days on market
37
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Rye. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/2475 Point Nepean Road

2026
Sold
$577,500
13 Mar 2026 by Michael Prentice, of Prentice Real Estate Rye
2021
Rented
Undisclosed
Leased on 09 Dec 2021 by Mornington Peninsula Rentals

Happy sellers in Rye

79%
79% of sellers in Rye reported that their sale price either exceeded or met their price expectations.

Rye stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 69 reviews in Rye over the last 12 months.

Local market activity for 2 bedroom units in Rye

In the last 12 months, 6 two-bedroom units similar to 12/2475 Point Nepean Road, have been sold.

This represents a 75% decrease in two-bedroom units sales when compared to the previous 12 months.

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