3 Mcleod Street, Rye, VIC 3941 | House for sale | OnTheHouse
 
FOR SALE
$1,450,000 to $1,550,000

3 Mcleod Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 232m2
Land area: 1147m2
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A Rare Tyrone Opportunity with Space to Grow

Super neat and wonderfully maintained, this classic brick residence is proof that some homes simply stand the test of time. Positioned on a substantial 1,147sqm (approx.) north-facing allotment in a quiet pocket moments from the Tyrone Foreshore, it presents an exciting opportunity to enjoy immediately, renovate further, redevelop or create something entirely new (STCA).
Single-level and exceptionally functional, the generous floorplan offers four bedrooms, two refurbished bathrooms and multiple living zones designed to accommodate growing families with ease. Filled with natural light and offering comfortable everyday living, the home provides the ideal foundation for future plans while remaining perfectly enjoyable as is.
Outside, the expansive flat allotment offers a blank canvas ready to be transformed into a spectacular garden sanctuary, entertaining haven or future development opportunity. Rarely does such a large, level parcel become available so close to the beach, delivering space, flexibility and enormous long-term appeal.
• North-facing 1,147sqm (approx.) flat allotment
• Solid single-level brick home
• Four generous bedrooms
• Two refurbished bathrooms
• Spacious family-friendly floorplan
• Quiet location moments from Tyrone Foreshore
• Ready to enjoy, renovate or rebuild (STCA)
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Property Details for 3 Mcleod St, Rye

3 Mcleod St, Rye is a 4 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 1147m2 and floor size of 232m2. The place is currently for sale with Fletchers Mornington Peninsula.

Building Type
House
Floor Size
232m2
Land Size
1147m2
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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 -10.13% decrease in median value, while Units have seen a 11.93% increase. As at 30 June 2026:

  • The median value for Houses in Rye is $965,905 while the median value for Units is $654,099.
  • Houses have a median rent of $600 while Units have a median rent of $503.
There are currently 56 properties listed for sale, and 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 336 properties were sold in the past 12 months in Rye.

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Nick Callander
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Chloe Gherghinis
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Fletchers Mornington Peninsula
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