11 Louise Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

11 Louise Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 2
Car spaces: 4
Floor area: 133m2
Land area: 886m2
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Property Details for 11 Louise St, Rye

11 Louise St, Rye is a 2 bedroom, 2 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 886m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1975
Floor Size
133m2
Land Size
886m2
Local Government
Mornington Peninsula
Lot/Plan
2977/LP50977

Last Listing description (January 2025)

Positioned on a private, elevated corner allotment and enjoying beautiful views out across Port Phillip Bay, this fantastic three bedroom, two bathroom coastal home offers a variety of exciting options.

With a long list of features including multiple outdoor entertaining areas, a sunny north facing upper level deck which provides peaceful water and tree top views, a double driveway with additional space for boat and caravan accommodation, plus a spacious lower level that could serve as either a huge master retreat, rumpus room, or provide the option for dual living ? this home checks every box!

Flooded with natural light and offering a quiet place to escape the daily grind, the home also includes the comfort of gas ducted heating, gas and solar hot water, split system cooling, and a bright modern kitchen with stainless steel appliances and stone counters.

Whether you have been searching for the perfect weekend escape, ideal Airbnb investment, or spacious family holiday home ? this wonderful seaside property could be just what you have been looking for.

Property Features

- Three bedroom, two bathroom coastal home positioned in a lovely quiet street just minutes from the foreshore and town centre.

- Excellent investment opportunity to capitalise on the lucrative Airbnb market.

- Huge 885*m2 corner allotment.

- Beautiful sweeping views of Port Phillip Bay.

- Sunny north facing aspect.

- Fully landscaped front garden with rock staircase.

- Close to a selection of charming caf?'s, restaurants, and boutique shopping.

- Quick drive to golf courses, wineries, and the Mornington Peninsula's best local attractions.

- Sun drenched front deck.

- Double garage & double driveway.

- Additional space for boat/caravan accommodation.

- Large under house storage area for bikes, garden equipment or beach toys.

- Modern coastal interiors.

- Split system cooling.

- Gas ducted heating.

- Gas and Solar hot water.

- Two spacious living areas including a large rumpus room to the ground level.

- Potential for dual living.

*All distances and measurements are approximate only.

Property History for 11 Louise St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$705,000
06 Feb 2018
  • 31 Oct 2023
    Listed for Sale $1,050,000 - $1,100,000
  • 06 Feb 2018
    Sold for $705,000
  • 04 Jan 2018
    Listed for Sale SOLD
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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 10,061 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 70 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 349 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.