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5 Balook Street, Rye$870,000
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For Salehouse

5 Balook Street

Rye, VIC 3941, Australia
$840,000 – $900,000
4 bed 1 bath 2 car615 m²

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About this property

Tucked away in a quiet pocket of Rye, this beautifully updated two storey brick veneer home delivers far more than meets the eye, set on a deceptively spacious 615sqm (approx.) allotment designed for relaxed family living and effortless entertaining. Upstairs reveals a warm and inviting haven, where two generous living zones cater perfectly to modern lifestyles. A stylish kitchen and dining area forms the heart of the home, flowing seamlessly onto a sun-drenched deck that captures a tranquil valley outlook - an ideal setting for entertaining or unwinding. A second expansive lounge provides ample room for the whole family, bathed in natural light and enhanced by polished timber floors that add both warmth and character. Comfort is assured year round with ducted heating and cooling throughout, while three well proportioned bedrooms, all fitted with built-in robes, are serviced by a modern central bathroom complete with separate bath and shower - perfect for families or weekenders alike. Downstairs offers exceptional versatility, presenting options for a fourth bedroom, home office or the addition of a second bathroom to create fully self-contained accommodation (STCA). A substantial double garage is complemented by an adjoining multi-purpose space - ideal as a gym, workshop, studio or ultimate retreat. Outdoors, a large, flat grassed yard provides the perfect playground for children and pets, rounding out a property that combines space, aspect, flexibility and lifestyle appeal - in one compelling package. Proudly marketed by Crowders Real Estate.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
2
Land Area
615 m²
Listed
2 months ago

Repayment calculator

$4,218/month
$2,109 /fortnight
Loan $696,000 at 6.10% over 30 years

Upfront costs

Deposit$174,000
Stamp duty$47,270
Conveyancing (est.)$2,000
Total upfront$223,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Rye

This 4-bedroom house in Rye, VIC 3941 sits within reach of public transport, local shops and nearby schools. It is listed 1% below the $875,000 median of 76 comparable houseswithin 5 km.

Schools near Rye

  • Rye Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Golf Parade/Dundas St (bus)380 m away
  • Home Timber & Hardware888 m away
  • French Street Reserve648 m away
  • Recreation Reserve2.7 km away
  • Mathis Avenue Reserve2.8 km away

Rye at a glance

Full suburb profile
Population
9,438
Median age
51
Household income
$1,334/wk
Median rent
$372/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Rye price trend

Median sold · House 4 bed

Compound growth -5.7% / yr over 4 yrs

$1.10mcurrent median

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1 price change recorded for this property

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