12 Alwyn Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

12 Alwyn Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 799m2
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Property Details for 12 Alwyn St, Rye

12 Alwyn St, Rye is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 799m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Land Size
799m2
Local Government
Mornington Peninsula
Lot/Plan
26/LP111957

Last Listing description (August 2022)

Circular driveway-perfect for caravans and water toys
Ideal first home, holiday home or investment.
Embraced by ti-tree and sea breeze the quintessential character of oceanside living presents an array of flexible futures. Flaunting potential as a charming first home, weekend getaway or lucrative investment explore the many spoils of position only moments from Peninsula Hot Springs and Rye's glistening shoreline.

Nestled in the native undulations a mature landscape preserves privacy across a space refreshed and ready to be enjoyed as an intimate retreat. Timber benchtops and picture windows frame a luscious outlook from the kitchen with adjoining open plan meals and living area completing living considerations with a mudroom style laundry. Crisp white timber panelled walls work with expansive windows to welcome a coastal breeze throughout the home. Luscious outlooks and built-in robes complement two bedrooms sharing a central bathroom.

A step down reveals additional living/home office space with private access ideal for those starting a business from home. Inspired by short stay accommodation, explore potential for a third bedroom or cosy home base while you design and develop this allotment as a coastal project (STCA).

Level and leafy, the backyard offers sheltered space to share a drink with friends while the soundtrack of shorebreak covets a beautifully presented pocket of the Mornington Peninsula's surf coast. Gas wall heater, split-system air conditioning, and U-shaped driveway with ample off street parking confirms an unlimited potential within walking distance of the Dundas Street shops.

Property History for 12 Alwyn St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$825,000
06 Aug 2022
  • 06 Aug 2022
    Sold for $825,000
  • 06 Jul 2022
    Listed for Sale AUCTION
  • 21 Jan 1994
    Sold for $70,000
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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 73 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 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.