Market snapshot
Suburb insights for Rye3941
Change suburbRye, approximately 95 km south of Melbourne's CBD, is a bustling holiday town with beautiful bay beaches, an active shopping strip, and access to the Peninsula Hot Springs. Popular with families, retirees, and short-stay visitors, it offers a vibrant mix of tourism and residential appeal.
Sales data
Median sale price
$893k
Quarterly price change
2.6%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $755,000 | $930,500 |
| 3 | $860,000 | $870,000 |
| 4 | $1,100,000 | $990,000 |
| Insight | Rye | Metro comparison |
|---|---|---|
| Clearance rate | 69.4% | |
| Days on market | 50 | 45 |
Rental data
Median weekly rent
$650
Rental yield
3.6%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $550 | $615 |
| 3 | $598 | $570 |
| 4 | $750 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.