27 Government Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

27 Government Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 206m2
Land area: 996m2
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Property Details for 27 Government Rd, Rye

27 Government Rd, Rye is a 3 bedroom, 2 bathroom House and was built in 2021. The property has a land size of 996m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last transferred in November 2019.

Building Type
House
Year Built
2021
Floor Size
206m2
Land Size
996m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP239731

Last Listing description (May 2018)

What is becoming a very rare opportunity has now come along for the astute investor, with properties such as this being very difficult to secure, Rye Village locale with wonderful redevelopment possibilities (STCA). This classic holiday home with old world charm sits on a great 994 square metre allotment of land within a couple of minutes' walk to the shops and beach. Featuring 2 generous sized bedrooms, separate living area, separate kitchen with meals area, family bathroom/laundry and gas ducted heating. Other great features include rear bungalow, bore water and all the space you could possibly wish for on a fully fenced lovely flat block. With multiple options on offer, enjoy as a comfortable holiday home in a wonderful location, or take advantage of the exciting opportunity to create your own dream home. The choice is yours, so don't miss this one, as you don't know when the next opportunity like this will arise!

With Rye being just over an hour from the Melbourne CBD and in immediate proximity to world class wineries, golf courses and beaches via the toll free Peninsula Link, this property should be on top of your list. So call now. You won't be disappointed.

Whilst all reasonable effort is made to ensure the information in this advertisement is current, First National Basso does not warrant the accuracy or completeness of the data and information contained in this advertisement and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this advertisement.

Property History for 27 Government Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Transferred
09 Nov 2019
  • 09 Nov 2019
    Transferred
  • 24 Jan 2018
    Sold for $835,000
  • 13 Dec 2017
    Listed for Sale $889,950
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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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:

  • The median value for Houses in Rye is $1,014,366 while the median value for Units is $622,295.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 74 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 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.