2 Prentice Avenue, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

2 Prentice Avenue
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 106m2
Land area: 850m2
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Last updated 22 Dec 2025
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Property Details for 2 Prentice Ave, Rye

2 Prentice Ave, Rye is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 850m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Floor Size
106m2
Land Size
850m2
Local Government
Mornington Peninsula
Lot/Plan
233/LP41374

Last Listing description (August 2023)

Centrally located in the heart of Rye, you will find this unique opportunity to purchase a property with fantastic treetop and bay views for under $1,000,000!!! The home is multi-level (but with no internal access to the downstairs section) and has great views as far as you can see.

This vertical timber home features an open-plan living area with huge glass windows to take in the views, a split system heating and cooling unit, wood heating, a timber kitchen with electric cooking, and a dishwasher. 3 good-sized bedrooms and a centrally located bathroom rounds off the living part of the property while under the house you will find a laundry, 2nd toilet, a games room, and a garage/workshop area both in some need of work.

And in addition to the expansive rear deck off the living area to soak up the views, there is also a rooftop viewing platform that can only be described as FANTASTIC.

Outside the garden is wild and needs attention but hey, you have to do some work at this price!!!

With Rye being less than an hour from the Melbourne CBD and in immediate proximity to world-class wineries, golf courses, and beaches via the toll-free Peninsula Link, these properties should be on top of your list. So, call now. You won't be disappointed.

Whilst all reasonable effort is made to ensure the information in this advertisement is current, First National Basso does not warrant the accuracy or completeness of the data and information contained in this advertisement and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this advertisement.

We always recommend that Buyers obtain both a building and pest inspection report before making an offer to purchase

Property History for 2 Prentice Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$850,000
21 Apr 2023
  • 23 Jun 2023
    Listed for Sale Not Disclosed
  • 21 Apr 2023
    Sold for $850,000
  • 18 Jan 2023
    Listed for Sale $840,000 - $900,000
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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, 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.