160 Melbourne Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
OFF MARKET

160 Melbourne Road
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 941m2
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Last updated 12 Jan 2026
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Property Details for 160 Melbourne Rd, Rye

160 Melbourne Rd, Rye is a 0 bedroom, 0 bathroom House. The property has a land size of 941m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Land Size
941m2
Local Government
Mornington Peninsula
Lot/Plan
246/LP42641

Last Listing description (March 2021)

This 931m2 approx vacant allotment provides a wonderful opportunity to build a substantial dwelling of your choice in such a convenient location.
Privately positioned behind a tree line and accessed via a private road the elevated allotment has wonderful treetop views.
Just a short drive to Rye Shopping, Rye Primary, Bay and Ocean Beaches, Peninsula and soon to be completed Alba hot springs, six world-class golf courses and all the wineries on the Mornington Peninsula.

Property History for 160 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$580,000
06 Mar 2021
  • 06 Mar 2021
    Sold for $580,000
  • 18 Feb 2021
    Listed for Sale $550,000-$600,000
  • 19 Feb 2020
    Transferred
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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 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 79 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 351 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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