3 Derwin Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

3 Derwin Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 165m2
Land area: 961m2
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Property Details for 3 Derwin St, Rye

3 Derwin St, Rye is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 961m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1950
Floor Size
165m2
Land Size
961m2
Local Government
Mornington Peninsula
Lot/Plan
57/LP28650

Last Listing description (December 2024)

With its unique dual level layout and a sprawling 960sqm (approx) allotment, this classic coastal home brims with character and endless possibilities, just a stone's throw away from Rye's vibrant town, pristine beach & pier. This home presents your opportunity for a comfortable beachside lifestyle, but also ignites the imagination with its potential for those seeking to update and modernise their dream Peninsula retreat. Currently, the home's picturesque facade is introduced by a veranda entry and a blonde brick chimney, exuding a warm and charming welcome, complemented by its open and airy lounge, dining, and kitchen area, where natural light dances through the windows to cast a gentle glow over the polished timber floors. Three bedrooms plus a study area and three bathrooms are spread across two levels, while an expansive balcony breathes in northern views showcasing the region's natural beauty and treetop vistas. Convenience takes centre stage with Rye Primary School, the RSL, buses, the vibrant township, and the beach within easy walking distance, adding exceptional amenity to a charming and comfortable home, finished with a gas log fireplace, split-system air conditioning and multiple storage sheds. Whether you're looking for a project home, a charming coastal cottage, or a future redevelopment opportunity (stca) - this is one you can't miss. Proudly marketed by Crowders Real Estate.

Property History for 3 Derwin St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$810,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $810,000
  • 26 May 2023
    Listed for Sale Under Contract
  • 27 Apr 2007
    Sold for $341,000
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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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 78 properties listed for sale, and 13 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 350 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.