22 Dundas Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

22 Dundas Street
Rye VIC 3941

Bedrooms: 13
Bathrooms: 7
Car spaces: -
Land area: 1015m2
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Last updated 22 Dec 2025
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Property Details for 22 Dundas St, Rye

22 Dundas St, Rye is a 13 bedroom, 7 bathroom Unit. The property has a land size of 1015m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
Unit
Land Size
1015m2
Local Government
Mornington Peninsula
Lot/Plan
28/LP30579

Last Listing description (August 2015)

Situated in the best part of Rye, this is a unique opportunity that cannot be missed.
This amazing and popular complex features 6 generous holiday apartments plus a spa suite that is currently successfully let on a five year lease with a return of $100,000 per annum with two further 5 year terms (this can be negotiated).
Each apartment features 2 generous bedrooms, its own bathroom with shower and a cosy kitchenette. There is also plenty of free space, car-parking and the spa-suite features a single bedroom with a built-in cedar spa on the deck.

Within walking distance to everything that Rye has to offer why wouldn't you want to enhance your future and be the proud owner of an extremely popular resort. Take advantage of this very strong lease, and watch your asset grow.
You dont want to miss this.
CALL NOW!!

Property History for 22 Dundas St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,500,000
02 Jul 2015
  • 02 Jul 2015
    Sold for $1,500,000
  • 24 Jun 2014
    Listed for Sale Offers over $1.6m
  • 28 Jul 2006
    Sold for $1,500,000
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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.