100 Observation Drive, Rye, VIC 3941 sold on 21 November 2025 | OnTheHouse
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Sold on 21 Nov 2025 for $861,000

100 Observation Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1090m2
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Property Details for 100 Observation Dr, Rye

100 Observation Dr, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1090m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
1090m2

Last Listing description (November 2025)

Nestled in a quiet yet central location, this original and immaculately maintained 3-bedroom brick home is the perfect blend of comfort, convenience, and potential. Set on a generous 1090m² (approx) flat block, the property offers a functional floor plan that includes three comfortable bedrooms, 2 with built in robes, a well-maintained bathroom, a full laundry, and a separate toilet. Whether you're looking for a first home, investment, or a peaceful coastal retreat, this property presents an ideal opportunity.

The large, lined shed with kitchen provides the perfect space for additional entertaining, studio, or workshop. It's fully equipped to meet a variety of needs, from hobbyists to tradespeople, or those seeking more space for family activities. The property also features an undercover entertaining area, ideal for alfresco dining and relaxing with family and friends.

For year-round comfort, the home includes gas heating along with split-system air conditioning, ensuring you'll stay warm in winter and cool in summer. With a fully fenced yard, you'll have security, while the low-maintenance gardens ensure you spend less time on upkeep and more time enjoying your space. Additional storage is available with garden sheds for tools or outdoor equipment.

This property is perfectly positioned to take advantage of Rye's stunning coastline and attractions. Located just a 20-minute walk to the beach and shops or a quick 4-minute drive, and just moments away from the renowned Peninsula Hot Springs. This quiet and private neighbourhood is perfect for those seeking peace and privacy while being close to everything you need.

With plenty of room to extend or renovate, this property offers great potential for those looking to add value or create their ideal coastal home. It's a rare opportunity in a highly desirable location, the possibilities are endless.

Property History for 100 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$861,000
21 Nov 2025
  • 21 Nov 2025
    Sold for $861,000
  • 23 Jun 2025
    Listed for Sale $880,000
  • 16 Dec 1990
    Sold for $102,000
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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 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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Meagan Mulder
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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.