21 Fairway DriveRye VIC 3941
Property Details for 21 Fairway Dr, Rye
Last Listing description (December 2016)
For Sale by Fixed Date with offers closing on the 9th of December at 12noon unless sold prior. Ideally positioned in one of Rye's most sought after beachside locations and surrounded by quality homes just moments from the calm waters of the Bay and Tyrone Foreshore, this magnificent vacant allotment of approximately 1338sqm with rare development potential is ready to start designing your dream seaside getaway or subdivide and develop subject to Council approval. With a northerly aspect, very gentle rise and town water already connected, don't miss your chance to secure your very own piece of the thriving Mornington Peninsula real estate market.
Property History for 21 Fairway Dr, Rye, VIC 3941
- 09 Dec 2016Sold for $520,000
- 21 Nov 2016Listed for Sale $440,000 - $500,000
- 01 Mar 1989Sold for $115,000
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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 10,058 properties. Over the last 5 years, Houses in Rye have seen a 8.39% increase in median value, while Units have seen a 14.03% increase. As at 28 February 2026:
- The median value for Houses in Rye is $1,019,442 while the median value for Units is $630,850.
- Houses have a median rent of $600 while Units have a median rent of $510.
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