1 Yera Crescent, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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1 Yera Crescent
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 817m2
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Last updated 6 Apr 2026
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Property Details for 1 Yera Cres, Rye

1 Yera Cres, Rye is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 817m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Land Size
817m2
Local Government
Mornington Peninsula
Lot/Plan
1010/LP63150

Last Listing description (February 2025)

Discover the hidden potential of this classic beach shack nestled in the heart of Rye! Set on an elevated 817 sqm block, this 3-bedroom property offers sweeping landscape views, making it a perfect canvas for first-home buyers, investors, or developers eager to build their dream coastal retreat.

Inside, you'll find a cozy, original layout featuring a central bathroom and a modest kitchen, ideal for those who love the charm of an authentic beach house. The property also includes a large garden shed, an undercover sunroom at the rear, and ample front yard space to park your boat or caravan-perfect for embracing the laid-back coastal lifestyle.

Located in a quiet, peaceful neighbourhood away from the hustle and bustle, this property offers a rare combination of tranquillity and accessibility, currently standing as the most affordable home in Rye. Whether you're looking to renovate, rebuild, or simply settle in and enjoy, this home is a unique opportunity to secure a slice of coastal paradise.

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Property History for 1 Yera Cres, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$606,000
03 Dec 2024
  • 03 Dec 2024
    Sold for $606,000
  • 18 Nov 2024
    Listed for Sale $600,000 to $650,000
  • 20 Oct 1981
    Sold for $18,000
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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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:

  • The median value for Houses in Rye is $1,014,366 while the median value for Units is $622,295.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 343 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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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