2/51 Dundas Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

2/51 Dundas Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 447m2
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Property Details for 2/51 Dundas St, Rye

2/51 Dundas St, Rye is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1965. The property has a land size of 447m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
1965
Floor Size
160m2
Land Size
447m2
Local Government
Mornington Peninsula
Lot/Plan
2/RP4326

Last Listing description (June 2025)

Tucked away in a brilliant beachside location just a short stroll from the white sands of Port Phillip Bay and the lively Rye township, this spacious three-bedroom unit offers a rare opportunity in one of the Mornington Peninsula's most sought-after pockets. Positioned at the rear of a block of only two and with no body corporate, this property combines privacy, space, and convenience in equal measure.

The home showcases generous proportions throughout and sits on an impressive allotment of approximately 447sqm (approx.). The layout includes three well-sized bedrooms and two bathrooms, with the main featuring a semi-ensuite. A separate toilet adds further practicality, while the open plan kitchen, lounge, and dining area provides a welcoming hub for family living and entertaining.

Outside, a large private courtyard invites you to relax or host gatherings in a serene setting, and the double lock-up garage adds secure parking and storage. Whether you're downsizing, investing, buying your first home, or searching for the perfect beach house, this property delivers outstanding lifestyle potential in a location that's hard to beat.

This is a rare and exciting opportunity to secure a foothold in the heart of Ryedon't miss your chance to make it yours.

Property History for 2/51 Dundas St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$507,000
08 Sep 2018
  • 23 May 2025
    Listed for Sale $700,000 to $770,000
  • 08 Sep 2018
    Sold for $507,000
  • 23 Aug 2018
    Listed for Sale UNDER CONTRACT
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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.