1 Landra Street, Rye, VIC 3941 | House for sale | OnTheHouse
FOR SALE
$980,000 - $1,078,000

1 Landra Street
Rye VIC 3941

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 1185m2
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Coastal Lifestyle with Flexible Dual-Living Potential

Enjoy the best of coastal living with this versatile split-level property, offering a spacious four-bedroom main residence together with a separate, fully self-contained one-bedroom bungalow.
The main home features four bedrooms, a central bathroom and comfortable split-level living, providing plenty of room for the family to enjoy.
Adding outstanding flexibility is the separate bungalow, complete with its own kitchen, bathroom and living area. Ideal for Airbnb, permanent rental income, guests, extended family or a teenager seeking their own private space.
Set in a fantastic coastal location, you'll have golf courses, beautiful beaches, local shops, cafés and the Peninsula's renowned wineries all within a short drive. Enjoy a relaxed coastal lifestyle while remaining within easy reach of everything the region has to offer.
Whether you're looking to generate an additional income stream, accommodate extended family or simply enjoy the flexibility of two separate living spaces, this property presents an exciting opportunity in a highly desirable coastal setting. Priced competitively at $980,000 - $1,078,000. Call Silva on 0405 048 506.
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Property Details for 1 Landra St, Rye

1 Landra St, Rye is a 5 bedroom, 2 bathroom House. The property has a land size of 1185m2. The place is currently for sale with Raine & Horne Shoreline | Rye, Sorrento & the Mornington Peninsula.

Building Type
House
Land Size
1185m2
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the total area. The population of Rye in 2016 was 8416 people. By 2021 the population was 9438 showing a population growth of 12.1% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation.In 2021, 75.40% of the homes in Rye were owner-occupied compared with 71.60% in 2016.

Rye has 10,060 properties. Over the last 5 years, Houses in Rye have seen a -19.08% decrease in median value, while Units have seen a -4.50% decrease. As at 31 August 2026:

  • The median value for Houses in Rye is $923,563 while the median value for Units is $633,054.
  • Houses have a median rent of $620 while Units have a median rent of $523.
There are currently 55 properties listed for sale, and 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 317 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.