3 Wargundy Avenue, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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3 Wargundy Avenue
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 1154m2
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Property Details for 3 Wargundy Ave, Rye

3 Wargundy Ave, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 1154m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1990
Floor Size
85m2
Land Size
1154m2
Local Government
Mornington Peninsula
Lot/Plan
56/LP86400

Last Listing description (June 2023)

This charming three-bedroom beach house has modern designer touches, offering a sleek and sophisticated atmosphere.

Located on a spacious 1153sqm (approx) plot of land, just a short four-minute drive to both bay and surf beaches, the property has ample space for expansion (subject to council approval) or enjoying the peacefulness of the coastal landscape.

With an elevated position overlooking the treetops and flat lawn below, the bright and sunny living area features timber flooring and large windows, leading out to generous decks that almost double the internal living space.

The kitchen boasts stone benchtops, a gas cooktop, and aqua glass splashback, while the newly installed bathroom features a stone vanity, rainshower, and freestanding egg-shaped soaker tub.

The perfect destination for coastal getaways, this property is ideally located just moments from Rye's cafes and restaurants, and includes ceiling fans, gas furnace, split-system, built-in robes, and a garage/workshop with ample sub-level storage.

*** Potential rental return is $500 to $550 per week **** subject to market forces

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Property History for 3 Wargundy Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$745,000
22 Apr 2023
Listed for Rent
$400/w
22 Mar 2018
  • 22 Apr 2023
    Sold for $745,000
  • 15 Mar 2023
    Listed for Sale $749,990
  • 04 May 2018
    Sold for $600,000
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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 10,056 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 74 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 346 properties were sold in the past 12 months in Rye.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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