156 Melbourne Road, Rye, VIC 3941 | House for sale | OnTheHouse
 
FOR SALE
$865,000 - $950,000

156 Melbourne Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 115m2
Land area: 931m2
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Character, Space and Potential

Set across two levels on a generous 931sqm allotment, this character-filled Rye home presents an exciting opportunity to renovate, refresh and create a personalised coastal retreat. Upstairs, the spacious living area opens to an expansive balcony, where the elevated aspect takes in leafy treetop outlooks across the surrounding area, creating a peaceful setting for morning coffee, afternoon drinks or relaxed outdoor entertaining.
Generous interiors provide an appealing foundation for future improvements, while established gardens and a productive fruit orchard bring further character to the substantial grounds. With three bedrooms, two bathrooms, flexible living spaces, a separate sunroom, extensive storage and two-car garaging, the property offers space, versatility and exciting potential for its next chapter.
• Established fruit orchard offering a wonderful selection of home-grown produce
• Expansive upper balcony providing a peaceful setting to relax among leafy surrounds
• Character-filled interiors featuring exposed ceiling beams
• Generous upstairs living room complemented by a separate ground-floor dining zone
• Functional kitchen offering ample cabinetry, bench space and scope for future enhancement
• Three well-proportioned bedrooms with built-in robes and accommodation across both levels
• Two bathrooms provide convenience for family living, guests or holiday accommodation
• Separate sunroom, built in pizza oven and barbecue area creating an additional space for entertaining
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Property Details for 156 Melbourne Rd, Rye

156 Melbourne Rd, Rye is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 931m2 and floor size of 115m2. The place is currently for sale with Hodges Rye.

Building Type
House
Floor Size
115m2
Land Size
931m2
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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 10,063 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 63 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 314 properties were sold in the past 12 months in Rye.

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Toni Katsivelas
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Hodges Rye
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