19 Peter Street, Rye, VIC 3941 | Land for sale | OnTheHouse
 
FOR SALE
$485,000 neg

19 Peter Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
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Land area: 873m2
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Rewarding Opportunity.

Discover an exceptional opportunity, moments from pristine beaches, vibrant shopping precincts, world class golf courses and the region's renowned wineries. Privately set back from the road, this downward sloping allotment with a 20m (approx) frontage presents a superb blank canvas to design either a luxurious holiday retreat or a stylish permanent residence. Spanning 871m2 (approx) of natural, vegetated land, the block's slope offers design advantages, allowing for under house or split level parking solutions (STCA) that could minimise excavation costs while maximising functionality and treetop views. Generous, versatile and increasingly rare in today's market, this is a parcel of land that invites architectural creativity and long term value at an incredible price point. Don't miss your chance to secure a slice of the Mornington Peninsula. Proudly marketed by Crowders Real Estate Mornington Peninsula.
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Property Details for 19 Peter St, Rye

Building Type
Land
Land Size
873m2
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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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 78 properties listed for sale, and 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 350 properties were sold in the past 12 months in Rye.

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Sam Crowder
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Narelle Crowder
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