27 Preston Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

27 Preston Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 109m2
Land area: 738m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Mar 2026
Low

High
Save

Property Details for 27 Preston St, Rye

27 Preston St, Rye is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 738m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
House
Year Built
2000
Floor Size
109m2
Land Size
738m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP547984

Last Listing description (January 2014)

Adventure Playground on Preston
This home is one you will fall in love with instantly. It has all the right vibes. The garden is a ton of fun with natives, veggies, a studio, sheds, a few chooks and even a labyrinth. It is like an adventure playground for kids both young and old. The home is warm and inviting and features 3 big bedrooms, a full ensuite to the master plus second family bathroom, a country style kitchen with adjacent family meals and a lounge area for everyone to get together and tell stories of the fun they had at the beach. The lounge opens on to a huge expanse of elevated alfresco deck that is partially covered to enable it to be used all year round. Whilst the home is quite substantial it still retains a cottage feel, possibly due to the current furnishings and decor that makes it feel like home instantly. This is a modern home in one of Ryes favourite locations that is the perfect contender for permanent home buyers, holiday home seekers or savvy investors. Inspection is highly recommended.

Property History for 27 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$360,000
08 Jan 2019
  • 08 Jan 2019
    Sold for $360,000
  • 19 Jan 2014
    Sold for $500,000
  • 02 Nov 2013
    Listed for Sale OFFERS IN EXCESS OF $480,000
Sign in to see more transactions
Commute Calculator

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.
There are currently 76 properties listed for sale, and 4 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 340 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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
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.