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

187 Melbourne Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 186m2
Land area: 861m2
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Property Details for 187 Melbourne Rd, Rye

187 Melbourne Rd, Rye is a 4 bedroom, 2 bathroom House and was built in 2017. The property has a land size of 861m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
2017
Floor Size
186m2
Land Size
861m2
Local Government
Mornington Peninsula
Lot/Plan
2853/LP50975

Last Listing description (October 2020)

Set behind a secure gate via an easily accessible service road is this fabulous 4 bedroom, 2 bathroom family home.

Stunning light and bright open plan living area of kitchen, meals and living space together with spacious butlers pantry off the garage perfect for unpacking the shopping!


With bamboo flooring throughout in coastal hues, feature splash back tiles, stone benches, free standing bath in the main bathroom, large ensuite, feature panel doors throughout, carpet in the bedrooms and the bonus of ducted heating and evaporative cooling throughout.

There is a second living space/home theatre or bunk room if you require extra sleeping quarters and a powder room for guests.

Fully fenced landscaped gardens, exposed aggregate driveway, double lock up garage with internal access, spacious laundry and a large outdoor entertaining deck with feature privacy screens.

Perfect for permanent or holiday living with the benefit of possible holiday rental returns when you are not using it.

Within walking distance to the Ocean tracks and beaches and a short drive to all the Peninsula has to offer.

Property History for 187 Melbourne Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$310,000
13 Jan 2017
  • 18 Nov 2019
    Listed for Sale Contact Agent
  • 17 Mar 2017
    Listed for Sale $845,000 - $875,000
  • 13 Jan 2017
    Sold for $310,000
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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.