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 |
|---|---|---|---|---|---|---|---|
| 33 Minnimurra Rd, Rye | 4 |  | House | Private Sale | 24/06/2026 | Stockdale & Leggo Rye | View |
| 1 Gladwell St, Rye | 4 |  | House | Private Sale | 23/06/2026 | Buxton Sorrento | View |
| 28-30 Alison Av, Rye | 4 |  | House | Private Sale | 27/05/2026 | Marshall White | View |
Sales data
Median sale price
$870k
Quarterly price change
-18.9%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $745,000 | $950,000 |
| 3 | $880,000 | $872,000 |
| 4 | $1,100,000 | $990,000 |
| Insight | Rye | Metro comparison |
|---|---|---|
| Clearance rate | 68.8% | |
| Days on market | 45 | 42 |
Rental data
Median weekly rent
$620
Rental yield
3.4%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $535 | $600 |
| 3 | $595 | $560 |
| 4 | $750 | $600 |
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