1 Eureka Street, Rye, VIC 3941 sold on 10 July 2025 | OnTheHouse
SOLD
Sold on 10 Jul 2025 for $720,000

1 Eureka Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 824m2
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Property Details for 1 Eureka St, Rye

1 Eureka St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 824m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
824m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP51135

Last Listing description (September 2025)

Sunny serenity moments from the beach and town centreSitting elegantly behind iron gates and sweeping lawns, this three-bedroom beach house offers a highly enticing north-facing aspect that bolsters its inspiring next chapter as a peaceful beachside escape or a stunning site of a luxury brand new home a pleasant stroll from Rye's long sandy shore.An oasis of serenity just a stone's throw from Rye's ever-vibrant township much loved for its long pier, summer carnival and restaurants, the property provides charm and great bones for a refurbishment for your lock-and-leave holiday home with wonderful space to enjoy the outdoors or extend across the lovely 822sqm (approx.) allotment.Providing rare affordability, the sundrenched property also offers glorious space to design your own customised new-build or a wonderful canvas for a builders' next show home.With high ceilings and natural ambience, a generous kitchen provides uplifting eggshell coloured cabinetry with stainless-steel appliances, and easy access to an elevated deck for alfresco entertaining, while a generous lounge/dining room opens to a sunny north-facing verandah overlooking the tranquil grounds.Bedrooms line the rear wing including the main bedroom with attached retreat otherwise ideal as a bunkroom with space for an adjoining kids TV area while the family bathroom has been nicely updated with sleek tiling, modern vanity and a walk-in shower.Among other early beach houses just doors from a recreation reserve with playground and a short walk to The Hidden Kitchen cafe, this is your affordable step into the peninsula's highly sought holiday market or a dream development in this charming neighbourhood.For further information, please contact Jay Furniss at the Blairgowrie Office on 0419 728 225 or jay.furniss@belleproperty.comDisclaimer: Whilst every care has been taken in preparing the property 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 1 Eureka St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$720,000
10 Jul 2025
  • 10 Jul 2025
    Sold for $720,000
  • 15 May 2025
    Listed for Sale $720,000
  • 27 Aug 2010
    Transferred
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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 29.69% increase in median value, while Units have seen a 49.75% increase. As at 31 October 2025:

  • The median value for Houses in Rye is $1,008,120 while the median value for Units is $546,821.
  • Houses have a median rent of $590 while Units have a median rent of $475.
There are currently 68 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 347 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.