Profile for Rye

3941

Rye is located 64 km south of the CBD. Located along the Mornington Peninsula Rye is bounded by Port Phillip Bay in the north and Bass Straight in the south. The suburb is primarily residential in the north while the south has large tracts of rural and rural living land. Rye also features The Dunes Golf Links the Foreshore Reserve and the Mornington Peninsula National Park. A significant proportion (14%) of Rye's labour force are employed in the construction sector.

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Recent Sales & Auction Results in Rye

Address Price Type Method Sale Date Agent
Property List
4 Gawalla St, Rye 3 House (Res) Passed in at Auction 25/05/2024 YPA Estate Agents
22 Flinders St, Rye 3 House (Res) Private Sale 06/05/2024 Place Coastal
40 Grange Rd, Rye 3 House (Res) Private Sale 30/04/2024 Buxton
24 Strathmore St, Rye 4 House (Res) Private Sale 27/04/2024 Buxton

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.11m

Metro Melbourne

$929k

Quarterly Price Change

-3.9%

Metro Melbourne

2%

Median Rent

$588

Metro Melbourne

$550

Rental Yield

2.8%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 35.3% 75.3%
Days on Market 41 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $750,000 $920,000
3 Bedrooms $962,000 $810,000
4 Bedrooms $1,405,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms $560 $520
4 Bedrooms $650 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$700k

Metro Melbourne

$630k

Annual Price Change

n/a

Metro Melbourne

-1.6%

Median Rent

$445

Metro Melbourne

$520

Rental Yield

3.3%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 35.3% 75.3%
Days on Market 41 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms $440 $540
3 Bedrooms n/a $620

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