109 Observation Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
OFF MARKET

109 Observation Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 679m2
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Property Details for 109 Observation Dr, Rye

109 Observation Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 679m2. While the property is not currently for sale or for rent, it was last sold in October 2007.

Building Type
House
Land Size
679m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP147769

Last Listing description (November 2007)

LOCATION, LOCATION, LOCATION WITH 4 BEDROOMS!
4 BEDROOMS, 2 BATHROOMS WHAT MORE CAN YOU ASK FOR! $320,000 - $335,000! ENQUIRIES: ROBERT MAGNANO D/L 5987 9009 OR 0425 772 073 BEAUTIFULLY PRESENTED BRICK VENEER HOME COMPRISING OF 4 HUGE BEDROOMS WITH BUILT IN ROBES & CARPET, MASTER WITH FULL EN-SUITE & DOUBLE SHOWER WITH WALK THROUGH ROBE, CENTRAL BATHROOM, GOOD SIZED KITCHEN WITH LAMINATED BENCH TOPS & STAINLESS STEEL APPLIANCES, 5 BURNER HOT PLATE WITH WIDE OVEN, STAINLESS STEEL DISHWASHER, HUGE FAMILY/MEALS AREA ALL ON SLATE TILES PLUS SECOND LIVING AREA WITH GAS OPEN FIRE PLACE AND A SEPARATE LAUNDRY. THIS IS ALL SURROUNDED BY A LOW MAINTENANCE LANDSCAPE, ALSO AN ALFRESCO DECK AREA UNDERCOVER APPROXIMATELY 4.5 SQ?S, DOUBLE CAR CARPORT, 2 X 4M TIN SHED, ALL WITH IN WALKING DISTANCE TO RYE FORESHORE, SAFEWAY AND LOCAL AMENITIES ALL WITH IN A 20MINUTE WALK, IT?S AN OPPORTUNITY THAT CANNOT BE MISSED FOR THE FAMILY OR HOLIDAY MAKER. SALES HISTORY

Property History for 109 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$325,000
12 Oct 2007
  • 07 Nov 2007
    Listed for Sale $285,000
  • 12 Oct 2007
    Sold for $325,000
  • 16 Dec 2006
    Listed for Sale PS $310,000 - $340,000
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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 10,056 properties. Over the last 5 years, Houses in Rye have seen a 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:

  • The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
  • Houses have a median rent of $600 while Units have a median rent of $493.
There are currently 68 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 351 properties were sold in the past 12 months in Rye.

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© 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.

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