28 Thomson Terrace, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

28 Thomson Terrace
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 725m2
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Property Details for 28 Thomson Tce, Rye

28 Thomson Tce, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 725m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1970
Floor Size
98m2
Land Size
725m2
Local Government
Mornington Peninsula
Lot/Plan
240/LP42641

Last Listing description (April 2026)

Full of warmth and relaxed coastal charm, this inviting Rye property located in the ever-popular Tyrone Foreshore pocket, offers the perfect base for easy beachside living while presenting exciting possibilities for the future.

Set on an expansive allotment measuring approximately 725m, the property provides space, privacy and flexibility, making it ideal as a weekend retreat, holiday investment or permanent home on the Mornington Peninsula.

Inside, the home features three well-proportioned bedrooms all with newly fitted ceiling fans and black-out blinds, a light-filled living area and a central family bathroom. Beautiful timber flooring flows throughout, while ducted heating and an air conditioning unit in the living and kitchen area ensure comfort throughout the seasons. Large windows welcome an abundance of natural light, enhancing the relaxed coastal ambience and creating a warm inviting atmosphere.

Stepping outside, a spacious rear undercover deck overlooks the substantial backyard, offering plenty of room for outdoor entertaining, family enjoyment or future enhancements. With a block of this size, the possibilities are wide open - Whether you're envisioning an extension, a contemporary renovation, the addition of a pool, or a complete rebuild of a luxury coastal residence (STCA), this property offers the space and flexibility to bring your vision to life.

Perfectly located just moments from the Tyrone foreshore, popular back beaches and the vibrant cafes and shops of Rye Village, this is a property that combines lifestyle convenience with long-term upside in one of the Peninsula's most desirable beachside neighbourhoods.

Whether you are seeking a laid-back coastal getaway, an investment with future value, or the ideal site to build your dream home, this is an opportunity not to be missed.

Property Features Include:

- Generous 725m block in the popular Tyrone precinct.

- Comfortable three bedroom home with light filled living area.

- Timber flooring throughout.

- Ducted heating for year-round comfort.

- Air conditioning unit servicing the living and kitchen area.

- Newly fitted ceiling fans in all bedrooms.

- Elevated rear deck overlooking expansive backyard.

- Excellent potential to renovate, extend or rebuild (STCA).

- Space for boat, caravan or additional off-street parking.

- Close to Tyrone Foreshore, Rye back beaches and Rye Village.

*All distances and measurements are approximate only.

Property History for 28 Thomson Tce, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$832,000
22 Oct 2022
  • 06 Mar 2026
    Listed for Sale $780,000 - $830,000
  • 28 Apr 2025
    Listed for Rent $520 / week
  • 22 Oct 2022
    Sold for $832,000
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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 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 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 341 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.