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

12 Schutt Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 5644m2
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Property Details for 12 Schutt Dr, Rye

Building Type
Rural
Year Built
1993
Land Size
5644m2
Local Government
Mornington Peninsula
Lot/Plan
16/LP208897

Last Listing description (August 2023)

Open for inspections are allowed. Strict health and safety measures are in place.

Surrounded by magnificent established landscaped gardens, this picture perfect address is set in a no beach access road on 5,674sqm (approx) neighbouring the National Park.

Originally constructed by award winning builder Steve Smith, the residence has the perfect north facing orientation and showcases a stunning near new renovation. Set under soaring ceilings, the spacious open plan living and dining area is complete with a custom kitchen to suit the most discerning culinary enthusiast; complete with a butler?s pantry, 900mm cooktop and oven, and Zug combi steam cooker.

Encased by an abundance of windows which frame the spectacular outlook, the home provides a truly special feeling of incredible serenity. With the constant hypnotic sound of waves crashing just over the dunes, the spectacular botanical gardens are a sea of colour by day and by night it comes alive with breathtaking sunsets.

Comprising three bedrooms and two bathrooms, upstairs offers a multi purpose mezzanine with fitted study, while downstairs the spectacular master suite includes an incredibly well appointed walk in robe and ensuite with freestanding bath and awe inspiring private garden vistas.

Outside a cascading wonderland of impressive gardens include a practice green and bunker, a multitude of fruit trees and a vegetable enclosure all serviced by a fully automated bore watering system.

The property also features a wood coonara, split system heating and cooling, ceiling fans, solar power and sewerage connection.

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Property History for 12 Schutt Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,850,000
05 May 2020
  • 22 Aug 2023
    Listed for Sale Not Disclosed
  • 05 May 2020
    Sold for $1,850,000
  • 03 Nov 2019
    Listed for Sale Private Sale
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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 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.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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