28 Owarra Street, Rye, VIC 3941 sold on 21 August 2026 | OnTheHouse
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Sold on 21 Aug 2026 for $1,071,000

28 Owarra Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 174m2
Land area: 700m2
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Property Details for 28 Owarra St, Rye

28 Owarra St, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 700m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
174m2
Land Size
700m2
Local Government
Mornington Peninsula
Lot/Plan
528/LP53783

Last Listing description (August 2026)

Perfectly positioned halfway between the calm waters of the bay and the rugged beauty of the ocean beach, this beautifully presented coastal residence offers the ideal balance of comfort, privacy and lifestyle on an impressive allotment of approximately 700sqm.

Thoughtfully designed with everyday living in mind, the home welcomes you through a wide entrance hallway that immediately creates a wonderful sense of space. Every room has been carefully considered to deliver effortless family living, relaxed entertaining and the flexibility today's buyers are searching for.

Offering three generous bedrooms with built in robes, plus a versatile fourth bedroom or home office, this is a home that adapts beautifully whether you are seeking a permanent residence, holiday escape or investment opportunity. The spacious master suite enjoys a walk in robe, private ensuite and ceiling fan, while the central bathroom features a luxurious deep bath, separate toilet and quality finishes throughout.

At the heart of the home, the light filled living area provides a warm and inviting space to gather, complete with a Mitsubishi split system and ceiling fan for year round comfort. The stunning Dimplex Huxley Revillusion electric fireplace creates a beautiful ambience and will remain available by separate negotiation.

Designed for those who love to cook and entertain, the well appointed kitchen features a Whirlpool oven, Electrolux gas cooktop and an exceptional walk in butlers pantry complete with a Hisense wine fridge, delivering both practicality and style.

Sliding doors extend the living space outdoors to a generous undercover entertaining area overlooking beautifully landscaped gardens that have been lovingly established to create complete privacy. Fully fenced and wonderfully secure, the backyard offers plenty of room for children and pets to play while enjoying the peaceful outdoor fire pit area, garden shed and additional garden storage.

Adding even more appeal is the oversized double carport with exceptional clearance, providing ample space to accommodate both a boat and caravan with ease, making it the perfect Peninsula base for weekend adventures.

Located within easy reach of both Rye's spectacular front beach and iconic surf coastline, this outstanding home offers the ultimate Mornington Peninsula lifestyle where beach days, cafs, wineries, golf courses and coastal walking trails are all just moments from your door.

Beautifully maintained, thoughtfully designed and perfectly positioned, this is a property that offers exceptional lifestyle appeal today while providing outstanding value for years to come.

Property Features Include:
- Approximately 700sqm of private land
- Prime location halfway between the bay and ocean beach
- Three spacious bedrooms plus fourth bedroom or home office
- Master suite with walk in robe and ensuite
- Built in robes to remaining bedrooms
- Wide entrance hallway
- Beautifully landscaped and fully fenced gardens
- Spacious living area with Mitsubishi split system and ceiling fan
- Dimplex Huxley Revillusion electric fireplace available by separate negotiation
- Well appointed kitchen with Whirlpool oven and Electrolux gas cooktop
- Walk in butlers pantry with Hisense wine fridge
- Central bathroom with deep bath and separate toilet
- Laundry with direct garden access
- Covered outdoor entertaining area
- Outdoor fire pit seating area
- Garden shed plus additional garden storage
- Oversized double carport with clearance for a boat and caravan
- Ideal permanent home, holiday retreat or investment opportunity

*All distances and measurements are approximate only.

Property History for 28 Owarra St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,071,000
21 Aug 2026
  • 21 Aug 2026
    Sold for $1,071,000
  • 16 Jun 2026
    Listed for Sale SOLD
  • 07 Nov 2015
    Sold for $225,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,061 properties. Over the last 5 years, Houses in Rye have seen a -15.73% decrease in median value, while Units have seen a -4.09% decrease. As at 31 July 2026:

  • The median value for Houses in Rye is $958,519 while the median value for Units is $620,268.
  • Houses have a median rent of $605 while Units have a median rent of $518.
There are currently 51 properties listed for sale, and 13 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 327 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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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.