118 Brights DriveRye VIC 3941
Property Details for 118 Brights Dr, Rye
118 Brights Dr, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1030m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (April 2026)
*Inspection by private appointment. Contact Tony or Katrina to arrange.
Set within a peaceful and highly desirable pocket of Rye, this beautifully updated residence delivers a refined take on relaxed coastal living. Thoughtfully transformed with quality finishes throughout, the home presents an inviting single level layout perfectly suited to families, investors or those seeking to downsize without compromise.
A fresh light filled interior reflects its beachside setting, enhanced by a soft neutral palette and durable oak look flooring. Two separate living areas offer flexibility, each enhanced by elegant VJ panel detailing, while the main living zone flows seamlessly through glass doors to a covered outdoor space ideal for year round entertaining.
Bathed in natural northern light, the rear yard has been carefully landscaped to create a private haven, complete with an outdoor spa and framed by established Moonah trees that provide both shade and seclusion. At the centre of the home, the well appointed kitchen combines style and practicality, featuring stone benchtops, a servery window to alfresco area, quality cabinetry, and premium appliances including a Bosch dishwasher and freestanding cooker with gas cooktop.
Currently operating as a successful Airbnb, the home comfortably sleeps up to eight guests across three generous bedrooms, with ample space to accommodate bunk arrangements if desired. A beautifully finished bathroom is complemented by a separate powder room, while additional features include gas ducted heating, split system cooling, statement lighting, a three camera CCTV system, low maintenance gardens with a storage shed, and plenty of off street parking.
Ideally located just moments from both bay and ocean beaches, as well as renowned golf courses, day spas, dining options and the vibrant Rye township, this is an exceptional opportunity to secure a stylish coastal retreat in a tightly held location.
Property Features Include:
- Peaceful and highly sought-after Rye location.
- Beautifully updated single-level home with quality finishes.
- Light-filled interiors with neutral palette and oak-look flooring.
- Two separate living areas with stylish VJ panel detailing.
- Seamless indoor-outdoor flow to covered alfresco entertaining area.
- Landscaped north-facing backyard with outdoor spa and Moonah trees.
- Well-appointed kitchen with stone benchtops and premium appliances.
- Sleeps up to 8 guests across three spacious bedrooms.
- Modern bathroom plus separate powder room.
- Gas ducted heating and split system cooling.
- Low maintenance gardens with storage shed.
- Ample off street parking.
- Proven successful Airbnb investment opportunity.
- Close to beaches, golf courses, dining, day spas, and Rye Village.
Property History for 118 Brights Dr, Rye, VIC 3941
- 27 Mar 2026Listed for Sale $1,000,000 - $1,100,000
- 24 Jun 2024Listed for Sale $1,090,000
- 26 May 2021Sold for $790,000
Recent sales nearby
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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 10,058 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.
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