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 |
|---|---|---|---|---|---|---|---|
| 5 Dolphin Av, Rye | 3 |  | House | Expression of Interest | 3/11/2025 | Buxton Sorrento | View |
| 59 Michael St, Rye | 4 |  | House | Expression of Interest | 2/11/2025 | Buxton Sorrento | View |
Sales data
Median sale price
$960k
Quarterly price change
0%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $750,000 | $910,000 |
| 3 | $855,000 | $830,000 |
| 4 | $1,120,000 | $951,500 |
| Insight | Rye | Metro comparison |
|---|---|---|
| Clearance rate | 81.4% | |
| Days on market | 59 | 36 |
Rental data
Median weekly rent
$580
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $480 | $580 |
| 3 | $550 | $550 |
| 4 | $700 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.