10 Government Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

10 Government Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 255m2
Land area: 903m2
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Property Details for 10 Government Rd, Rye

10 Government Rd, Rye is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 903m2 and floor size of 255m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2021
Floor Size
255m2
Land Size
903m2
Local Government
Mornington Peninsula
Lot/Plan
183/LP5989

Last Listing description (June 2023)

In a class of its own is this inspired coastal design, ideally positioned just a leisurely, flat 150m stroll to Bay Beach and the beginning of Rye's vibrant shopping strip less than 300m away. Offering striking kerbside appeal, the attraction continues upon entry where a sublime focus on natural light, extensive glazing, the warmth of oak flooring throughout and a spacious free-flowing indoors/ outdoors living configuration makes residing or holidaying here an absolute delight. Main features include 4 bedrooms, 3 superbly appointed bathrooms, including 2 ensuites, plus powder room. A spacious North facing living space enjoys a gorgeous aspect across the pool and outdoor entertaining area whilst central to this stunning room an attractive and functional kitchen design is complemented with Butler's pantry. A home for all seasons the home offers air-conditioning, gas ducted heating as well as the allure of a flame from the fireplace when the footy is on and the red is on the table. Strong on form as well as function there is the appeal of the 4th bedroom having its own private access from the street and offering a self-contained set up with breakfast bar and ensuite as well as balcony for bbq or just soaking up the sea air with a good book on the lounge. Obvious benefits here are additional potential income from short term letting or ideal for extended friends and family to stay for a period without intrusion in daily living. Without doubt, there is a lot to like about this prime piece of Peninsula real estate. Enquire today and start living the good life.

For further details or to arrange a private inspection contact Michael Prentice on 0417 369 235

Property History for 10 Government Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$2,400,000
22 May 2023
  • 22 May 2023
    Sold for $2,400,000
  • 18 Mar 2023
    Listed for Sale $2,600,000-$2,850,000
  • 30 Apr 2019
    Sold for $850,000
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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.

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.