3 Mcdonald Road, Rye, VIC 3941 sold on 16 July 2025 | OnTheHouse
SOLD
Sold on 16 Jul 2025 for $825,000

3 Mcdonald Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 835m2
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Property Details for 3 Mcdonald Rd, Rye

3 Mcdonald Rd, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 835m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Floor Size
95m2
Land Size
835m2
Local Government
Mornington Peninsula
Lot/Plan
287/LP19188

Last Listing description (October 2025)

Set on a generous 835m (approx.) allotment and just 850*m from Rye's vibrant village centre and stunning foreshore, this classic 1970s gem represents an exciting opportunity to secure your slice of the Mornington Peninsula lifestyle. Whether you're a first-home buyer, savvy investor, or renovator ready to create something special, this solid brick home is packed with potential.

Lovingly maintained and in excellent original condition, the home features three well-sized bedrooms, a central bathroom, a separate laundry with built-in storage, and a light-filled living area complete with a wall heater and ceiling fan for comfort through every season. The single carport and spacious backyard add practicality and plenty of scope for future enhancements-whether that's an outdoor entertaining space, extension, or simply a landscaped garden to relax in after the beach.

And speaking of the beach-this location is hard to beat! Leave the car at home and walk to the Rye foreshore, where you can enjoy calm bay waters, golden sands, cafes, restaurants, and boutique shops. You're also just minutes from local schools, the Rye boat ramp, and the famous Peninsula Hot Springs. For those who love nature, the nearby national parks, rugged ocean beaches, and scenic coastal walks offer weekend adventures in every direction.

Positioned in one of Rye's most convenient and well-connected pockets, 3 McDonald Road offers not only lifestyle but long-term value. Whether you renovate, rent out, or simply enjoy it as-is, this is the perfect launching pad for your coastal dreams.

Property Features Include:

- Three bedrooms.

- Central family bathroom.

- Spacious living area with wall heater & ceiling fan.

- Separate laundry with built-in storage.

- Single carport.

- Expansive backyard with room to extend (stca) or enhance.

*All distances and measurements are approximate only.

Property History for 3 Mcdonald Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$825,000
16 Jul 2025
  • 16 Jul 2025
    Sold for $825,000
  • 20 Jun 2025
    Listed for Sale UNDER CONTRACT
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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 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 349 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.