31 Wargundy AvenueRye VIC 3941
Property Details for 31 Wargundy Ave, Rye
Last Listing description (May 2025)
Situated within a prized coastal enclave, 31 Wargundy Avenue presents a rare opportunity to craft your dream lifestyle on an expansive 808*sqm allotment. Perfectly positioned just moments from Rye's vibrant town centre and pristine front beach, this property offers an unparalleled blend of convenience, tranquillity, and boundless potential.
Within moments of boutique shops, gourmet dining, and the sparkling shores of Port Phillip Bay, this prime location invites you to embrace a life of ease and coastal elegance. Whether your aspirations include a stylish new residence or a savvy investment, this site delivers a foundation for success.
Adding to its allure, plans for an architecturally designed five-bedroom home are available upon request, saving you both time and expense in your journey to realization.
Council owned land adjoins the property - further enhancing the appeal and extending the sense of space and versatility whilst also granting permissive access.
This unique feature amplifies the block's potential, making it a standout offering in the sought-after Rye market.
Whether you envision creating a coastal retreat, or a modern masterpiece, this remarkable property is a canvas awaiting your inspiration. Opportunities of this calibre in such a coveted location are exceedingly rare.
Take the first step toward realizing your coastal aspirations-contact us today to explore the immense potential of 31 Wargundy Avenue, Rye. Your future begins here.
*All distances and measurements are approximate only.
Property History for 31 Wargundy Ave, Rye, VIC 3941
- 04 Jun 2025Sold for $657,000
- 09 Jan 2025Listed for Sale $580,000 - $630,000
- 02 Oct 2023Listed for Sale $650,000 to $700,000
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0About 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.
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