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

18 Sheila Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 175m2
Land area: 948m2
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Property Details for 18 Sheila St, Rye

18 Sheila St, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 948m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in September 2025.

Building Type
House
Year Built
1980
Floor Size
175m2
Land Size
948m2
Local Government
Mornington Peninsula
Lot/Plan
25/LP21110

Last Listing description (October 2026)

Situated just 500m (approx.) from the beautiful Rye Foreshore and a short walk to the heart of Rye's Main Street, the home is a rare and exciting opportunity offering versatile dual occupancy potential. Set on a spacious 948sqm (approx.) block with dual driveway access, this coastal haven perfectly merges privacy and flexible living, making it ideal for families, holiday investors, and those seeking space for multigenerational living.Upstairs, expansive north-facing windows fill the light and airy living and dining zone with natural sunshine while framing tranquil treetop views. The contemporary kitchen boasts crisp white cabinetry, quality appliances and timber benchtops, creating a stylish central hub for family gatherings or entertaining friends, all flowing out to a generous balcony. Two spacious bedrooms, both with built-in robes, share a modern bathroom complete with laundry facilities for added convenience.Downstairs, the flexible floorplan invites a second accommodation option, with a large main bedroom and a second bedroom, a well-equipped kitchen/living space, bathroom and laundry area. There's a separate sitting room, great for quiet retreats, working from home, or extra sleeping quarters for guests. Step outside to the inviting covered deck, perfect for alfresco entertaining or relaxing after a day at the beach, while a leafy garden and gazebo provide extra outdoor space for family barbecues or kids' playtime.Meticulously presented with modern touches throughout, the home offers split system heating and cooling, easy-care flooring and ample storage. With the shops, cafs and amenities of Rye just a stroll away, and the sparkling bay at the end of your street, this coastal retreat delivers both lifestyle and future flexibility move in, holiday or invest in the Peninsula's thriving property market and enjoy everything this wonderful location provides.

Property History for 18 Sheila St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$940,000
20 Sep 2025
Listed for Rent
$900/w
26 Aug 2025
  • 20 Sep 2025
    Sold for $940,000
  • 27 Aug 2025
    Listed for Sale $950,000 to $1,040,000
  • 05 Aug 2025
    Listed for Rent $900 / week
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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 -25.77% decrease in median value, while Units have seen a -8.51% decrease. As at 31 October 2026:

  • The median value for Houses in Rye is $889,099 while the median value for Units is $656,733.
  • Houses have a median rent of $638 while Units have a median rent of $515.
There are currently 63 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 296 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.