2 Susan Place, Rye, VIC 3941 sold on 15 May 2025 | OnTheHouse
SOLD
Sold on 15 May 2025 for $1,125,000

2 Susan Place
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4041m2
Sold By
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Indigo Property Marketing
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Property Details for 2 Susan Pl, Rye

Building Type
Land
Land Size
4041m2
Local Government
Mornington Peninsula
Lot/Plan
26/LP214418

Last Listing description (October 2025)

Discover your dream coastal lifestyle on this exceptional piece of land.

Nestled in a serene and secluded spot, this expansive 4,041 sq m approx. vacant allotment presents an enticing blank canvas for your grand residence aspirations.
Along the western boundary, a gentle rise offers a promising canvas for crafting a picturesque landscaped garden. Bordered by established pine trees privacy has already been created for you and being surrounded by a neighbourhood of quality homes, this sought-after location is the epitome of coastal living.

This premium parcel of land is in a corner position and enjoys a strategic placement between the allure of bay and ocean beaches, ensuring that leisurely dips in the sea are never more than a short drive away.
In addition, it's conveniently close to shops, wineries, and golf courses, making it a well-rounded hub for relaxation and recreation.

The current owners have an approved planning permit and plans for a 6 bedroom, 4 bathroom home with garaging, cinema room, inground swimming pool and north south tennis court to give you a head start on your dream home.

Moreover, with the potential for substantial capital appreciation in the future, this property promises not only an enviable seaside lifestyle but also a wise investment opportunity.

Please note that while every effort has been made to provide accurate information, it is recommended to consult legal documentation for comprehensive due diligence.

Property History for 2 Susan Pl, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,125,000
15 May 2025
  • 15 May 2025
    Sold for $1,125,000
  • 25 Mar 2025
    Listed for Sale $1,300,000
  • 24 Jul 2024
    Listed for Sale $1,400,000
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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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:

  • The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
  • Houses have a median rent of $600 while Units have a median rent of $493.
There are currently 67 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.