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.
Recent sales and auction results in Rye
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 51 Toagara St, Rye | 3 |  | House | Private Sale | 11/01/2026 | YPA Estate Agents | View |
| 2 Diane St, Rye | 6 |  | House | Private Sale | 18/12/2025 | Place Coastal | View |
Sales data
Median sale price
$963k
Quarterly price change
0.8%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $762,500 | $940,000 |
| 3 | $880,000 | $851,000 |
| 4 | $1,087,500 | $970,000 |
| Insight | Rye | Metro comparison |
|---|---|---|
| Clearance rate | 77.8% | |
| Days on market | 53 | 36 |
Rental data
Median weekly rent
$600
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $490 | $585 |
| 3 | $550 | $550 |
| 4 | $750 | $600 |
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