21 Valentine StreetRye VIC 3941
Property Details for 21 Valentine St, Rye
21 Valentine St, Rye is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 627m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom House sold in Rye in the last 12 months.
Last Listing description (January 2026)
Unlock the Potential in Rye's Coveted Coastal Heart. Nestled in the highly sought-after seaside town of Rye on the stunning Mornington Peninsula, 21 Valentine Street presents an exceptional blank-canvas project for visionary builders, renovators, or developers.
This property is currently home to an extremely run-down dwelling in need of complete renovation or demolition - offering primarily land value on a generous allotment perfectly positioned for your dream coastal creation. Imagine designing and building a luxurious modern family home, holiday retreat, or investment property in one of Victoria's most desirable beachside locations.
Unbeatable Lifestyle Location:
Proximity to Pristine Beaches: Just moments from Rye's famous Front Beach on Port Phillip Bay - ideal for safe family swimming, picnics, and leisurely walks along the foreshore - and a short drive to the dramatic surf of Rye Ocean Beach and nearby Gunnamatta for adrenaline-pumping waves.
Local Attractions at Your Doorstep: Relax and rejuvenate at the world-renowned Peninsula Hot Springs (only minutes away), snorkel the underwater wonders of Rye Pier's Octopus's Garden, or explore the scenic Bay Trail and Mornington Peninsula National Park's clifftop walks.
Golfers' Paradise: Tee off at the acclaimed The Dunes Golf Links right in Rye - a top-ranked public course set amid rolling sand dunes - with Moonah Links and other premium courses nearby in the famous 'Cups' region.
Vibrant Cafes and Restaurants: Stroll to Rye's bustling Point Nepean Road, lined with charming cafes, ice creameries, fresh seafood spots, and acclaimed eateries like Steam Restaurant. Enjoy al fresco dining, local wines, and the relaxed peninsula vibe year-round.
Rye is the ultimate blend of coastal charm and convenience - a popular holiday hotspot with strong growth potential, just 90 minutes from Melbourne. Properties in this quiet, family-friendly street rarely come available, especially with such prime positioning midway between bay and ocean beaches.
This is your chance to secure a rare project site and transform it into something extraordinary. Don't miss out - enquire today!
Property History for 21 Valentine St, Rye, VIC 3941
- 24 Jan 2026Sold for $611,000
- 08 Jan 2026Listed for Sale $565,000 - $595,000
- 19 Jan 1999Sold for $63,500
Recent sales nearby
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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 10,055 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.
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