12 Iluka Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

12 Iluka Road
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 862m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 26 Oct 2026
Low

High
Save

Property Details for 12 Iluka Rd, Rye

12 Iluka Rd, Rye is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 862m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Floor Size
88m2
Land Size
862m2
Local Government
Mornington Peninsula
Lot/Plan
38/LP26137

Last Listing description (August 2023)

Explore the possibilities this well-located brick veneer retro original has to offer. Ideally located in one of Rye?s finest pockets on a substantial 862sqm (approx) allotment, this genuinely enticing prospect, while extremely comfortable as is, also presents an amazing opportunity to renovate, enhance or rebuild a new home should you choose (STCA).

A classic example of 70s design, the existing home features a wide entry and expansive formal living and dining room with original carpets under gently raked ceilings with exposed beams and a functional kitchen with a freestanding electric stove.

Immaculately presented, the two bedrooms, a central bathroom with separate toilet and large laundry offer the spaces for now, whilst the generous backyard provides the exciting potential for an extension or brand-new home to make the most of this quiet coastal address. Walk to Rye Foreshore, cafes and shops and love the absolute serenity on offer here, just over an hour from Melbourne and within reach of easy freeway access.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 12 Iluka Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$780,000
16 Apr 2022
  • 22 Aug 2023
    Listed for Sale Not Disclosed
  • 16 Apr 2022
    Sold for $780,000
  • 22 Mar 2022
    Listed for Sale Contact Agent
Sign in to see more transactions
Commute Calculator

About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,064 properties. Over the last 5 years, Houses in Rye have seen a -22.10% decrease in median value, while Units have seen a -4.21% decrease. As at 30 September 2026:

  • The median value for Houses in Rye is $918,392 while the median value for Units is $639,145.
  • Houses have a median rent of $633 while Units have a median rent of $515.
There are currently 65 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 303 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

Market Insights
Rye Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rye Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.