23 Francis Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

23 Francis Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 190m2
Land area: 865m2
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Property Details for 23 Francis St, Rye

23 Francis St, Rye is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 865m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Floor Size
190m2
Land Size
865m2
Local Government
Mornington Peninsula
Lot/Plan
3279/LP50981

Last Listing description (January 2025)

Superbly positioned amid an established landscaped setting of 864m2 approx, this immaculate contemporary coastal home has direct access to French Street Reserve & has been designed with family and entertaining in mind. Generous proportions throughout provide ease of living either as a permanent or holiday home, while airy light filled spaces reflect off Southern Beech hardwood flooring catering for generational comfort, enveloped in coastal hues and finishes. Abutting Council land on two boundaries, this home has been intelligently designed to take advantage of its natural attributes by nestling into the landscape, brilliantly splitting levels of entertaining and accommodation. The rear of the home flows to an expansive covered outdoor heated living space housing lounge and dining options with room for BBQ and outdoor kitchen across 120mm merbau width decking and generous steps to professionally landscaped, programmed bore water fed gardens with established trees and private side space with seating and firepit. The kitchen is grand, large and features Caesarstone benches, extensive custom cabinetry, 900mm stove and huge island with casual dining seating recess which anchors the upstairs living area and formal dining space with a large gas log fire adding the perfect atmosphere for cosy winter nights. To further enhance, a butlers pantry for additional catering and storage with a dedicated home office space as well. The floorplan is exceptionally functional providing multiple living spaces and accommodation of four large bedrooms all with robes. The main suite is to the rear of the home with direct access to private decking area and is elegantly accessorised by a walk in dressing room and fully tiled ensuite - a further bedroom is offered on this floor with additional powder room. The two bedrooms at entry level are private and quiet with a stunning fully tiled resort style bathroom with double vanities, freestanding bath and large shower area and separate powder room all anchored by a separate living area ideal for watching movies and entertaining youngsters.
The laundry is a feature on its own with Caesarstone benches, custom cabinetry and subway tiling accessing the side of the home to an outdoor shower space.
Some additional features included in this superb coastal residence are:

- Backing on to French's Reserve with private access gate.
- Council land featuring stunning indigenous Moonah trees on the North side of the allotment precludes building.
- 4 Split system air conditioners
- Refrigerated cooling upstairs
- Ducted gas heating downstairs
- Fully insulated
- Double glazed windows
- Alarm system
- Heated towel rails
- Large storage area which is accessed via the garage.
- Established trees namely apple, fig and plum
- Exceptionally private and is not overlooked by other homes.
The ocean coastal areas of Rye offer a lifestyle that is difficult to emulate elsewhere.
The central location provides easy access to both Ocean and Bay Beaches, shopping villages of Rye, Blairgowrie and Sorrento, Ferry access, freeway accessibility to the City of Melbourne, six international golf courses within a 30 minute drive, two world class thermal spring resorts and all the wineries and restaurants through Red Hill, Main Ridge and Flinders. Proudly marketed by Crowders Real Estate.

Property History for 23 Francis St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,710,000
14 Jun 2023
  • 14 Jun 2023
    Sold for $1,710,000
  • 03 Apr 2023
    Listed for Sale $1,690,000-$1,750,000
  • 08 Nov 2022
    Listed for Sale $1,700,000 to $1,850,000
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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 74 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.