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
100 Grandview Av, Rye 3 House (Res) Passed in Vendor Bid 23/03/2024 YPA Estate Agents
2 Shirlow Av, Rye 3 House (Res) Private Sale 13/03/2024 RT Edgar

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$1.15m

Metro Melbourne

$909k

Quarterly Price Change

5.5%

Metro Melbourne

-2.2%

Median Rent

$575

Metro Melbourne

$550

Rental Yield

2.6%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 85.7% 72.5%
Days on Market 39.5 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $725,000 $920,000
3 Bedrooms $950,000 $815,000
4 Bedrooms $1,405,000 $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $540
3 Bedrooms $550 $500
4 Bedrooms $650 $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$683k

Metro Melbourne

$630k

Annual Price Change

n/a

Metro Melbourne

-3.8%

Median Rent

$440

Metro Melbourne

$500

Rental Yield

3.3%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 85.7% 72.5%
Days on Market 39.5 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $420
2 Bedrooms n/a $520
3 Bedrooms n/a $600

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