18 Florence Drive, Rye, VIC 3941 | House for sale | OnTheHouse
 
FOR SALE
$1,795,000 - $1,974,500View Property Price Statement

18 Florence Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 1288m2
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Tranquil Coastal Perfection - Contemporary Family Living in the Tyrone Pocket

Perfectly positioned in Rye's highly sought-after Tyrone pocket, this impressive four-bedroom, three-bathroom residence combines contemporary coastal design, generous proportions and exceptional versatility. Privately set at the end of a quiet no-through road on approximately 1,288sqm, the three-year-old home is moments from the beach, cafés and picturesque coastal walking trails.
Set across two light-filled levels, the home's elevated position captures peaceful leafy outlooks through expansive windows. The entry level features a generous rumpus/living area with kitchenette and European laundry, alongside a spacious bedroom or study and full bathroom, creating excellent flexibility for guests, teenagers or extended family. Internal access from the oversized double garage adds everyday convenience.
Upstairs, an expansive open-plan kitchen, dining and family domain flows seamlessly to a large entertainer's deck and covered alfresco area. A striking fireplace framed by floor-to-ceiling glazing creates an inviting focal point, while the contemporary kitchen features stone benchtops, quality appliances and an oversized island breakfast bar. An additional balcony provides the perfect setting for a morning coffee.
The main bedroom offers a private retreat with a substantial walk-in robe and elegant ensuite, while three further bedrooms are complemented by a second living area and stylish central bathroom.
Outside, the landscaped terraced gardens feature established native and succulent plantings, a remotely controlled micro-irrigation system and steps leading to a level lawn with tranquil treetop outlooks. The front yard also provides potential for a swimming pool (STCA).
With automatic gates, four-camera security and a 6.6kW solar system, this exceptional property delivers comfort, privacy and practicality. Equally appealing as a permanent residence, coastal escape or income-producing holiday rental, its flexible accommodation and desirable Tyrone location provide an outstanding opportunity to enjoy the Peninsula lifestyle while benefiting from holiday rental income.
Key Features
• Four bedrooms and three stylish bathrooms
• Approximately 1,288sqm allotment
• Highly sought-after Tyrone pocket location
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Property Details for 18 Florence Dr, Rye

18 Florence Dr, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1288m2. The place is currently for sale with Hodges Rye.

Building Type
House
Land Size
1288m2
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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 10,061 properties. Over the last 5 years, Houses in Rye have seen a -22.10% decrease in median value, while Units have seen a -4.21% decrease. As at 30 September 2026:

  • The median value for Houses in Rye is $918,392 while the median value for Units is $639,145.
  • Houses have a median rent of $633 while Units have a median rent of $515.
There are currently 65 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 301 properties were sold in the past 12 months in Rye.

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Toni Katsivelas
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Rachael Gallagher
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Hodges Rye
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