1 Paul Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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1 Paul Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 936m2
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Last updated 22 Dec 2025
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Property Details for 1 Paul St, Rye

1 Paul St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 936m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Floor Size
106m2
Land Size
936m2
Local Government
Mornington Peninsula
Lot/Plan
19/LP52558

Last Listing description (August 2023)

Exclusively situated in a highly prized location surrounded by the best of the Peninsula?s first-class attractions, this substantial coastal classic set within a deep private allotment represents an outstanding opportunity to renovate or start again with a brand new luxury home (STCA).

Nested within a tightly-held cul-de-sac, the home comprises three bedrooms, a generous living room with a Coonara heater, well-equipped kitchen and a timber-lined bathroom, all in comfortable and rentable condition. While demolishing the dwelling would open up exceptional options for a dream home, the current home is perfect for a contemporary transformation, perfectly positioned and oriented to promote indoor-outdoor living amongst the peaceful coastal setting from its elevated and full-width verandah.

Design the life you want to live in a coveted lifestyle location, just a short walk from the coastal reserve and ocean beaches, and minutes from the Peninsula Hot Springs, world-class golf courses, breweries, villages and family-friendly bay beaches.

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.

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Property History for 1 Paul St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,160,000
06 Mar 2022
Listed for Rent
$360/w
07 Jun 2018
  • 22 Aug 2023
    Listed for Sale Not Disclosed
  • 06 Mar 2022
    Sold for $1,160,000
  • 10 Feb 2022
    Listed for Sale Contact Agent
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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 10,056 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 76 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 346 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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