26 Observation Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
OFF MARKET

26 Observation Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 766m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Feb 2026
Low
High
Share
Save

Property Details for 26 Observation Dr, Rye

26 Observation Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 766m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
House
Land Size
766m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP91673

Last Listing description (September 2024)

Utilising a modern functional floor plan including four large bedrooms, two bathrooms, two spacious living areas, and a large outdoor entertaining deck - this excellent family home offers a long list of quality inclusions that make it a must see!

Immaculately presented inside and out, this quality property has been lovingly cared for and updated over the years and now offers quality features such as polished timber flooring, evaporative cooling, ducted heating, and an updated kitchen including stainless steel appliances, stone countertops, modern cabinetry, and a built-in 900mm oven and cooktop.

With seamless indoor/outdoor connection from the main living area, the sunny, west facing minimal maintenance rear yard also offers a large elevated entertaining deck where summertime BBQs with family and friends will be your new favourite thing to enjoy.

Further features include a large double garage, plus additional space for boat and/or caravan accommodation.

Positioned just 1*km from the heart of Rye Village and the sandy shores of Port Phillip Bay, from this exceptional location you are also surrounded by a huge variety of local attractions including championship golf courses, luxury day spas, breathtaking nature trails, and a wide selection of dining and seasonal entertainment options.

Contact Tony Talarico from YPA Rye on 0420 778 401 to arrange your private inspection today!

Property Features Include

- Immaculate four bedroom, two bathroom family home positioned in one of Rye's most coveted and premium locations - just 1*km to the foreshore and Rye Village.

- Sunny west facing rear yard - perfect for enjoying afternoon entertaining and summertime BBQs.

- Spacious landscaped allotment of approximately 767*sqm.

- Elevated outdoor entertaining deck that flows seamlessly from the indoors.

- Brick construction.

- Polished timber flooring.

- Evaporative cooling.

- Ducted heating.

- Double garage plus additional space for your boat/caravan.

- Walk to Rye Village.

- Quick drive to a selection of championship golf courses, award winning wineries, and the Mornington Peninsula's best local attractions including breathtaking nature and hiking trails, day spas, historic landmarks, farm gates, and galleries.

*All distances and measurements are approximate only.

Show More

Property History for 26 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,045,000
29 Jul 2024
Listed for Rent
$350/w
18 Aug 2012
  • 29 Jul 2024
    Sold for $1,045,000
  • 15 Apr 2024
    Listed for Sale Not Disclosed
  • 15 Jan 2014
    Sold for $490,000
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 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 68 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 351 properties were sold in the past 12 months in Rye.

Rye Profile Page

Suburb Insights for Rye 3941

Visit Rye profile page
Market Insights
Rye Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Rye Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Rye profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED