29 Milton Road, Rye, VIC 3941 | Land for sale | OnTheHouse
FOR SALE
$520,000 - $550,000

29 Milton Road
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 628m2
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Exceptional 628m² Allotment in a Highly Sought-After Beachside Locale

Perfectly positioned in a highly sought-after pocket of the Mornington Peninsula, this generous 628m² (approx.) allotment offers an unbeatable lifestyle midway between the vibrant Rye and Blairgowrie shopping precincts. Set in a quiet, family-friendly neighbourhood and just a short stroll to the beach, you'll enjoy the serenity of lush foreshore reserves, playgrounds, and the sparkling blue waters of Port Phillip Bay right at your doorstep. With ample space and a prime location, this block presents an exciting opportunity to design and build your dream coastal home (STCA).
Only just over an hour's easy drive from Melbourne, this prized location is surrounded by the very best the Peninsula has to offer. Spend your days indulging in luxurious spa retreats, exploring world-class wineries, or fitting in a relaxing round of golf at one of the many nearby courses. Whether you're seeking adventure or relaxation, everything you need for the perfect lifestyle is close at hand.
The Peninsula lifestyle is truly something special-a place where breathtaking views, pristine beaches, and a relaxed holiday atmosphere become part of everyday living. Rye is renowned for its welcoming community feel, offering both family-friendly amenities and plenty of adult leisure activities nearby. If you've been searching for your own slice of coastal tranquillity and natural beauty, this outstanding parcel of land promises the ideal setting to bring your vision to life
Disclaimer: I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floor plans are to scale and created based on the photographer's best knowledge.
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Property Details for 29 Milton Rd, Rye

Building Type
Land
Land Size
628m2
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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 77 properties listed for sale, and 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 349 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.