29 Florence Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
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29 Florence Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 174m2
Land area: 721m2
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Property Details for 29 Florence Dr, Rye

29 Florence Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 721m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
2022
Floor Size
174m2
Land Size
721m2
Local Government
Mornington Peninsula
Lot/Plan
1687/LP41474

Last Listing description (April 2026)

Designed with a clear vision of calm, this recently built residence draws inspiration from high-end day spa retreats dotted along the Mornington Peninsula, where natural materials, soft light and thoughtful design create an immediate sense of ease.

Single level and thoughtfully designed with an intuitive flow, real timber floors and carefully curated finishes create a warm, layered environment. The wood-burning fireplace and sculptural pendant lighting create a cosy atmosphere and ambient glow.

Honed stone surfaces, topiary cabinetry and the warmth of oak define the kitchen, while a double oven, induction cooktop with integrated rangehood ensure functionality without compromising on aesthetic.

Indoor living space flows outdoors to a generous north-facing sundeck, extending into its landscaped surrounds and complete with outdoor shower. Here, a solar-heated magnesium pool invites relaxation, whilst remaining low-maintenance and aligned with the homes wellness-focused design.

The private gardens have been thoughtfully curated around native plantings and a well-placed shed. Underfoot, the lawns have been finished to a putting-green standard, while a dedicated fire pit area offers the perfect place to gather and unwind beneath the stars.

Four bedrooms, generous in size with the principal suite complemented by a beautifully appointed ensuite with fluted glass and arched mirror, fitted walk-in robe and ceiling fan for added comfort. Double glazing, ducted heating and split system cooling ensure climate control.

An oversized garage with direct garden and internal access, plus additional driveway parking securely positioned behind the gated entrance.

Positioned within Mornington Peninsulas lifestyle-driven pocket, the home is an easy walk to the calm waters of Tyrone Foreshore, ideal for morning swims and relaxed beach days, with the surf coastline equally as close. World-class golf courses including The Dunes Golf Links and St Andrews Beach Golf Course are also close by.
Peninsula Hot Springs and Alba Thermal Springs & Spa are just moments away, while nearby produce growers, markets and wineries complete a lifestyle centred around fresh ingredients, nature and balance.

Property History for 29 Florence Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$475,000
18 Apr 2018
  • 31 Mar 2026
    Listed for Sale $1,780,000-$1,950,000
  • 18 Apr 2018
    Sold for $475,000
  • 17 Apr 2018
    Listed for Sale $495,000
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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 10,059 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 70 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 348 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.