34 Preston Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
OFF MARKET

34 Preston Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 720m2
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Last updated 9 Mar 2026
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Property Details for 34 Preston St, Rye

34 Preston St, Rye is a 3 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 720m2. While the property is not currently for sale or for rent, it was last sold in June 1999.

Building Type
House
Year Built
1970
Land Size
720m2
Local Government
Mornington Peninsula
Lot/Plan
1796/LP41475

Last Listing description (November 2017)

Auction Location: 34 Preston Street, Rye Victoria 3941.
Enjoy a Peninsula lifestyle from this very well presented seaside dwelling situated on a generous, useable 720m2 allotment. Features include: 3 bedrooms, 2 bathrooms including Master with ensuite, 2 living areas comprising open plan kitchen, lounge and dining with gas heating plus separate lounge for the kids to play or guests to stay. All this overlooking a spacious, easy care rear yard with workshop which could easily be reconfigured as a games room/ bungalow or studio if required. Offering loads of space for the boat/ caravan or guest parking this is a great fit for the permanent home buyer or those looking for a holiday escape to enjoy and lock away as a great long term investment also.
AUCTION - SATURDAY 4TH NOVEMBER, 2017 @2PM

TERMS 10% DEPOSIT, BALANCE 90 DAYS

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Property History for 34 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$80,000
07 Jun 1999
  • 04 Oct 2017
    Listed for Sale $640,000 - $690,000 Buyers
  • 07 Jun 1999
    Sold for $80,000
  • 21 Feb 1984
    Sold for $37,600
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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 10,058 properties. Over the last 5 years, Houses in Rye have seen a 8.39% increase in median value, while Units have seen a 14.03% increase. As at 28 February 2026:

  • The median value for Houses in Rye is $1,019,442 while the median value for Units is $630,850.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 76 properties listed for sale, and 4 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 340 properties were sold in the past 12 months in Rye.

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© Copyright 2026. 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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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.

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