59 Michael Street, Rye, VIC 3941 sold on 03 November 2025 | OnTheHouse
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Sold on 03 Nov 2025 for $1,625,000

59 Michael Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 767m2
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Property Details for 59 Michael St, Rye

59 Michael St, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 767m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
767m2

Last Listing description (November 2025)

There’s a calm that settles in along this stretch of the coast, a pace marked by slow mornings, local walks to the beach and warm evenings gathered around the fire pit. Only 650 metres (approx) from Tyrone Foreshore, this single-level, four-bedroom home brings that quintessential relaxed ease to everyday life, where clean architectural lines give way to light-filled interiors and an outlook defined by poolside living and natural surroundings. With its neutral palette and uncomplicated flow, it feels as good as it looks, forming the ultimate lock-and-leave getaway or carefree forever home.

Tasmanian oak floors and brilliant northern light shape two distinct living domains, both of which connect to alfresco areas designed for sun-filled entertaining. The pool terrace and landscaped fire pit setting offer year-round appeal, while the skylit kitchen, finished in stone with stainless steel appliances, a broad island bench and servery window, brings the social element to life. Zoned family accommodation features a main suite, privately set with its own walk-in robe and en-suite, while three further bedrooms, a central bathroom, and a large laundry define an easy-to-adapt layout, suitable for various needs.


With approximately 767 sqm (approx) of low-maintenance land, it’s an ideal base for those seeking the beachside lifestyle without the upkeep. Rye’s shops, cafes and restaurants are just minutes away, with nearby access to Peninsula Link, surf beaches, and the hinterland’s renowned wineries and day spas. Morning swims, evening fires, and weekends that roll on without end - this is a home made to move with the seasons, complete with ducted heating and cooling, a double-remote garage with loft storage and internal entry, CCTV security, and landscaped native gardens.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 59 Michael St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,625,000
03 Nov 2025
  • 03 Nov 2025
    Sold for $1,625,000
  • 22 Jul 2025
    Listed for Sale Private Sale
  • 07 Jun 2020
    Sold for $1,255,000
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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.
There are currently 79 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 350 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Clayton Smith
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Alex Dimsey
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Buxton Mornington Peninsula (Sorrento/Blairgowrie)
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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.