12 Florence Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

12 Florence Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 1118m2
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Property Details for 12 Florence Dr, Rye

12 Florence Dr, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1118m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1980
Floor Size
101m2
Land Size
1118m2
Local Government
Mornington Peninsula
Lot/Plan
1749/LP41475

Last Listing description (April 2018)

Tucked away in a quiet cul-de-sac, this property sits in the beloved Tyrone pocket of Rye. This 'little slice of Peninsula Heaven' is nestled on a sizeable allotment of over 1100sqm* and has all the hallmarks for growth.
Featuring:
Brick construction and largely original with scope to easily make this your own

Raked ceilings and floor-to-ceiling windows add not only to the sense of space but also to the saturation of natural light
A tantalising renovator with a family-friendly floor plan ideal for locals, investors and holiday home buyers
Currently leased until April (returning $1,217 per month) with the option to take vacant possession or lease
Framed by the native Moonahs for which this area is famous with the rear garden offering the ultimate in privacy
Three sizable bedrooms, all of which are robed
The separate toilet complements the oversized bathroom (complete with a bath and shower)
Positioned near the end of a whisper-quiet cul-de-sac with many newly-constructed homes dotting the nearby landscape
A single carport at the front of the home plus a garage/ storage area to the rear
Capturing the true essence of the Peninsula with a paved alfresco area overlooking the gardens
Occupying a substantial amount of land (approximately 1129sqm*)
Cushioned between the bay and surf beaches, as well as the thriving villages of Rye and Blairgowrie
*all measurements are approximate

Property History for 12 Florence Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$685,000
24 Mar 2018
Listed for Rent
$270/w
15 Oct 2014
  • 24 Mar 2018
    Sold for $685,000
  • 27 Feb 2018
    Listed for Sale SOLD - YOUR PROPERTY AGENT
  • 20 Sep 2014
    Listed for Rent $270 / week
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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 10,055 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 67 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 351 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.