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

166 Melbourne Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 1033m2
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Property Details for 166 Melbourne Rd, Rye

166 Melbourne Rd, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 1033m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
1975
Floor Size
100m2
Land Size
1033m2
Local Government
Mornington Peninsula
Lot/Plan
249/LP42641

Last Listing description (August 2017)

What a serene setting and a great opportunity to secure your little piece of the Peninsula. This 3 bedroom home has been lovingly kept over many years and although it has many of the original stylings, it is as solid as the day it was built. Situated off a service road with a North facing rear yard it consists of 3 generous bedrooms with BIR's , original galley style kitchen along with a dining area and generous lounge room. Exposed timber beams running throughout, give loads of potential to capture a holiday feel for those willing to roll the sleeves up! A carport to the side of the home allows access to the rear yard with an additional secure steel shed. Superb flat useable land of approx 1033 sqm. Please contact Sam Crowder 0403893724 for your inspection.

Property History for 166 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$565,000
17 Jul 2017
  • 17 Jul 2017
    Sold for $565,000
  • 11 Jul 2017
    Listed for Sale $520,000 - $570,000
  • 21 Mar 1980
    Sold for $8,000
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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 10,056 properties. Over the last 5 years, Houses in Rye have seen a 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 76 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 346 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.