31 Milton RoadRye VIC 3941
Property Details for 31 Milton Rd, Rye
Last Listing description (April 2024)
SOLD by Steve Granger 0488 333 117
Much like a rare jewel, this slice of peninsula heaven sits untouched amongst the coastal, bush-like landscape Rye is so well-known for, presenting an exciting opportunity for the wildest of imaginations, or the most daring in style.
Showcasing spectacular greenery, this fabulous allotment of 666 m2 (approx.) sits blissfully positioned within a prestige pocket of Rye, amongst distinguished neighbouring properties, and walking distance to Tyrone Foreshore Reserve. Certain to generate immediate interest from families, those desiring a beachside project or yearning for an architectural-inspired sea-change.
Boasting privacy and space, this paradisiacal piece of land is accompanied by approved plans and a planning permit for a striking seaside home, while alternatively providing you with an abundance of creativity and freedom to design and build to your own desires (STCA).
Nestled within a relaxing stroll to local reserves, playgrounds, and the coastline of Port Phillip Bay, this picturesque position will invite elevated living, complete with all required for an indulgent peninsula lifestyle, with all the recreational and hospitality spoils on your doorstep.
If you are seeking your own piece of nature's wanderlust here on the peninsula, then this may be your slice of heaven.
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Property History for 31 Milton Rd, Rye, VIC 3941
- 10 Jan 2024Listed for Sale Auction Oct 23rd 3:30pm
- 23 Oct 2021Sold for $640,000
- 17 Sep 2019Sold for $290,000
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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 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:
- The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
- Houses have a median rent of $600 while Units have a median rent of $493.
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