1 Walbrook Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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1 Walbrook Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 224m2
Land area: 616m2
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Last updated 22 Dec 2025
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Property Details for 1 Walbrook Rd, Rye

1 Walbrook Rd, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 616m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in August 1992.

Building Type
House
Floor Size
224m2
Land Size
616m2
Local Government
Mornington Peninsula
Lot/Plan
1542/LP41472

Last Listing description (December 2025)

Privately set in a quiet Rye street, this much-loved coastal home offers a relaxed, resort-inspired lifestyle that feels worlds away from the everyday. Surrounded by established tropical gardens and complete privacy, it's a property with its own personality and plenty of room to spread out, unwind and enjoy.

The ground level delivers an easy family layout with three bedrooms, including a master with ensuite, a central bathroom and two separate living spaces. The open kitchen, dining and living area captures a leafy outlook and connects effortlessly to the outdoors, creating a warm and inviting hub for gatherings and day-to-day living.

Upstairs, the home opens into a generous multipurpose zone that works perfectly as a parent's retreat, guest accommodation or an additional bedroom. With its own ensuite, sitting area, study nook and a private balcony overlooking the gardens, it offers a peaceful and flexible space to suit a range of living arrangements.

Outside is where this home truly stands out. The covered alfresco area with built-in bar flows to the resort-style pool and spa zone, creating a private sanctuary for entertaining and relaxation. The solar-heated pool is nestled amongst lush tropical planting, while the gas-heated inground spa provides year-round comfort. The setting is completed by the impressive aviary and playful dinosaur sculptures that add to the home's unique, jungle-like character.

Currently operating as a successful holiday rental, the property presents an outstanding investment opportunity, generating approximately $60,000 in gross income per annum (approx.). With a double carport, enclosed bar and spa area, and a fully fenced allotment of approximately 616sqm (approx.), this home offers a rare blend of lifestyle, flexibility and income potential - ideal as a family residence, a memorable coastal getaway or a high-performing holiday rental in one of Rye's most convenient pockets.

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Property History for 1 Walbrook Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$33,000
04 Aug 1992
  • 16 Oct 2025
    Listed for Sale $1,450,000 - $1,550,000
  • 07 Apr 2007
    Listed for Sale $549,500
  • 04 Aug 1992
    Sold for $33,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of 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 10,056 properties. Over the last 5 years, Houses in Rye have seen a 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 76 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 347 properties were sold in the past 12 months in Rye.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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