1-3 Prentice Avenue, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

1-3 Prentice Avenue
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 294m2
Land area: 1373m2
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Property Details for 1-3 Prentice Ave, Rye

1-3 Prentice Ave, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 1373m2 and floor size of 294m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1975
Floor Size
294m2
Land Size
1373m2
Local Government
Mornington Peninsula
Lot/Plan
240/LP41172

Last Listing description (May 2022)

STANDING TALL & PROUD on an expansive, extra wide 1376m2 north facing allotment to maximise elevation, BAY & CITY views, natural light, and breezes; this custom designed, impeccably presented, split level residence with commanding street appeal offers family-sized living and a delightfully private entertaining alfresco capturing the afternoon sun. Excellent direct views to the City skyline & shipping channel-SEEING IS BELIEVING!

Across what is essentially three levels, the home comprises four bedrooms, three elegant fully tiled bathrooms, central kitchen with sparkling water views, two separate living areas, ground floor patio, upper north facing balcony plus timber deck both showcasing bay vista, separate laundry, fourth toilet, and large extra height double lock up garage with generous mezzanine storage. The floor plan could facilitate dual occupancy options for the extended family or spacious separate HOME OFFICE income generation for the professionals it is a versatile, functional design.

Tastefully renovated in recent years to the highest of standards, features include timber floors, split system air-conditioning, stacker servery windows in kitchen opening to front balcony, stone benches, quality appliances, ceiling fans, built-in wet-bar in lounge, cosy fire pit area, three rainwater tanks, plus manicured landscaped and terraced gardens. Everything about this property is FIRST-CLASS.

Designer living with sweeping bay views & wide street frontage
Elegant entertainer that is also extremely family-friendly & functional
Observe the activity along the shipping channel over your morning coffee
Glorious established gardens complement homes street appeal beautifully
Just minutes to bay & ocean beaches, golf, dining, and retail
Outstanding home in commanding position, much-admired & desired

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to please refrain from touching any surfaces, opening cupboards, drawers, windows and doors, when inspecting a property. For more information, please visit: fletchers.net.au/response-to-covid-19

Property History for 1-3 Prentice Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$2,150,000
11 Feb 2022
  • 11 Feb 2022
    Sold for $2,150,000
  • 02 Dec 2021
    Listed for Sale $2,200,000-$2,300,000
  • 31 Oct 2017
    Sold for $1,170,000
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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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 69 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 348 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Cotality Copyright and Legal Disclaimers about Property Data
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.