18 Peter Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

18 Peter Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 864m2
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Property Details for 18 Peter St, Rye

18 Peter St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 864m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1988
Floor Size
125m2
Land Size
864m2
Local Government
Mornington Peninsula
Lot/Plan
3096/LP50985

Last Listing description (July 2021)

Boasting a laidback coastal aesthetic and holiday ambience well befitting this southern peninsula location, this enchanting seaside sanctuary surrounded by endless beaches and surf breaks delivers the ultimate sea change or deluxe weekender with scope to rent out on the lucrative Airbnb market.

Architect designed over a single level with soaring ceilings and clerestory windows, the residence features light-filled separate living and dining zones with a white-on-white colour scheme, timber flooring and tall windows and sliding glass framing the leafy gardens.

A stunning kitchen with woodgrain countertops, shaker cabinetry and stainless-steel appliances is backdropped by turquoise tile, while outside an expansive alfresco deck with high ceiling and fan provides a lovely locale to kick back, relax and dine outdoors after long lazy days on the beach as kids explore the garden.

Strolling distance to the Peninsula Pantry and 2 kilometres to the town centre, the property includes three bedrooms, a master ensuite, full second bathroom with separate toilet, ducted heating, airconditioning, storage sheds, garden arbour and double garage on an 865m2 (approx) allotment.

Hockingstuart | Belle Property is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Mal McInnes on 0415 502 316 mal.mcinnes@belleproperty.com

Property History for 18 Peter St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,020,000
30 Jun 2021
Listed for Rent
$350/w
09 Feb 2017
  • 30 Jun 2021
    Sold for $1,020,000
  • 18 Jun 2021
    Listed for Sale UNDER OFFER
  • 03 Nov 2017
    Listed for Rent - Price not available
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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, 347 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.