Back 4/16 Shirlow Ave
Off Market

4/16 Shirlow Ave

Rye VIC 3941

2
1
1
0 m²
Unit
Last sold for $416,000
Mike PhillipsMike Phillips, last sold this property on 23 November 2017 after 22 days on market.

Overview

Prime Residential Investment

The perfect property for your investment portfolio, securely leased to one of our very best tenants who looks after the home as if it were her own and returning $13,000 per annum. Situated only 300 hundred metres easy walk from the shores of Port Phillip Bay and the Rye shopping strip with cafe's,restaurants and speciality shops. This immaculate 2 bedroom BV Villa unit is the last in a block of 4 and comprises a cosy living and dining room, functional kitchen with electric wall oven and hot plates, central bathroom close to 2 good size bedrooms both with built in robes and complimented by quality carpets and fittings, split system air conditioning, lock up garage and spacious rear courtyard. Due to our tenants privacy the property is offered with external photos only. Without doubt one of the best value properties we have for sale and your personal inspection is highly recommended on advertised open days.

Features

2 bedrooms
1 bathroom
1 carspace
0 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 4/16 Shirlow Ave is $538.75k.

Median value
$538.75k
Estimated value range
$275k - $635k
Median days on market
33
Estimated value trend
-2%
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 4/16 Shirlow Ave

2025
Rented
Undisclosed
Leased on 25 Sep 2025 by Hodges McGrath Rye
2025
Rented
Undisclosed
Leased on 24 Sep 2025 by Hodges McGrath Rye
2024
Rented
Undisclosed
Leased on 24 Mar 2024 by Hodges McGrath Rye

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 58 reviews in Rye over the last 12 months.

Local market activity for 2 bedroom units in Rye

In the last 12 months, 8 two-bedroom units similar to 4/16 Shirlow Ave, have been sold.

This represents a 60% decrease in two-bedroom units sales when compared to the previous 12 months.

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