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

29 Preston Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 203m2
Land area: 738m2
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Property Details for 29 Preston St, Rye

29 Preston St, Rye is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1974. The property has a land size of 738m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1974
Floor Size
203m2
Land Size
738m2
Local Government
Mornington Peninsula
Lot/Plan
1820/LP41475

Last Listing description (January 2022)

INSPECTION TIMES AS ADVERTISED - ID AND VACCINATION STATUS REQUIRED FOR ENTRY.

ON SITE AUCTION for the ONLINE AUCTION PLEASE REGISTER WITH ANYWHERE AUCTION BY 10.00AM SATURDAY THE 6th NOVEMBER 2021.

A true statement in design and functionality, this sanctuary-like coastal abode flaunts dynamic possibilities across its sweeping 738sqm (approx.) allotment, presenting a playful landscape to encourage effortless summertime entertaining and delightful, everyday family living.

A striking frontage wrapped within coastal-inspired gardens and a sweeping drive, opens to reveal an enviable sense of peninsula living delivered through simple, yet sophisticated form across it's intelligent layout, highlighted by crisp, neutral hues and clean lines, to ensure an authentic and fuss-free lifestyle.

Holding a firm focus on seamless entertaining, the home showcases a series of spaces cascading from front to back, and bridged by a central accommodation zone, to encourage fun and lively everyday living. Occupying the front, a private and cosy lounge makes for the ideal escape, whilst the adjoining dining and stone-topped kitchen with 900mm freestanding oven and lush garden views encourages connection towards the rear.

Breathing impressive liveability, the rear aspect delivers an unsuspecting 'wow' factor, with spacious decking spilling from the additional lounge (feature WFH) and wrapping the above-ground pool. Spend your days soaking up the effortless ambience, seamlessly moving between sunshine and shade as required. A truly welcomed surprise, the rear yard invites an enviable summer at home.

Luxury inclusions comprise; GDH, evaporative cooling, RC/AC, ceiling fans in both lounges, plantation shutters, spotted gum polished floorboards, master bedroom with ensuite and WIR, designated laundry with private WC and rear access, renovated bathroom and double carport.

This sensational home will steal your heart and secure appeal with the prospect of effortless family fun guided by supreme functionality, and wondrous entertainment. Situated only moments to Milton Reserve Playground and Moonah Waren Bushland Reserve, and a short drive to Rye's township.

Property History for 29 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,360,000
06 Nov 2021
  • 06 Nov 2021
    Sold for $1,360,000
  • 19 Oct 2021
    Listed for Sale $1,250,000 to $1,350,000
  • 05 Sep 2005
    Transferred
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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 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 76 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 347 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.