28-54 Dundas Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
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28-54 Dundas Street
Rye VIC 3941

Bedrooms: 10
Bathrooms: 6
Car spaces: 2
Floor area: 102m2
Land area: 37900m2
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Property Details for 28-54 Dundas St, Rye

28-54 Dundas St, Rye is a 10 bedroom, 6 bathroom House with 2 parking spaces. The property has a land size of 37900m2 and floor size of 102m2.

Building Type
House
Floor Size
102m2
Land Size
37900m2
Local Government
Mornington Peninsula

Last Listing description (March 2026)

One of the most exciting examples of modernist architecture in Australia, GRIMWADE HOUSE is offered for the first time since 1969. Designed by David McGlashan of McGlashan and Everist Architects, the property is a prominent yet exceptionally private landholding. On a 3.79 ha (9.36 acres) parcel of land, that is zoned General Residential 1, in the heart of Rye with access from three street frontages. The architecturally significant, heritage listed house and surrounding garden present an outstanding opportunity.

Grimwade House was commissioned in 1959 by businessman and industrialist Geoffrey Grimwade, for his retirement. The architect, David McGlashan was also his son in law and the brief was to use the best of everything available at the time.

Offered in original condition, the house is a Mid Century Modernist aficionados dream restoration project. It was awarded the Victorian Architecture Medal in 1963 for House of the Year and along with Heidi Gallery by the same architect, represents one of the most significant contributions to modernism in Australia.

The house covers more than 2000 sq m of land and displays all the hallmarks of the McGlashan and Everist style, so valued today. Grimwade House flows through five pavilions linked by courtyards, breezeways, open and covered verandahs and balconies, to accommodate a large multigenerational family in eight bedrooms with five bathrooms and multiple living areas. The main pavilion consists of floor to ceiling glass, terracotta tiled floors extending to outside terraces, vermiculite ceilings and western red cedar wall linings.

Flat thresholds, no lintels, extensive use of fly wire and hidden joinery create an extraordinary environment for curated relaxation. Heated by an open fireplace that doubles as an inbuilt BBQ on the outside, as well as strategic use of floor heating in the kitchen and bedrooms, the house provides a surprisingly cosy winter experience.

In summer the slatted eaves protect the interior from the sun and the easy clean, low maintenance surfaces provide a relaxing break. Additional accommodation in the other pavilions is well suited to children and guests. A cottage on the back drive contains a further two bedrooms and a bathroom. Shedding and a working water bore complete the picture. With broad frontages to both Melbourne Road and Dundas Street, and further rear access from Willonga Street, the land has vast subdivisional potential, subject to council approval.

Property History for 28-54 Dundas St, Rye, VIC 3941

A timeline of how this property has performed in the market
  • 27 Nov 2025
    Listed for Sale Private Sale
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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 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 72 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 345 properties were sold in the past 12 months in Rye.

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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.