38-40 Glen Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

38-40 Glen Drive
Rye VIC 3941

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 200m2
Land area: 1898m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Apr 2026
Low

High
Save

Property Details for 38-40 Glen Dr, Rye

38-40 Glen Dr, Rye is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1898m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Floor Size
200m2
Land Size
1898m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP100115

Last Listing description (November 2017)

This beautiful family home has all the features of a stunning 6 star beach-side resort. You will feel like you are on holidays all year round as you wander the grounds of this magnificent property. The property features 6 bedrooms, 2 bathrooms and 3 large living rooms.Brilliantly designed, this almost new home delivers modern living in beautiful leafy surrounds with separate zones for the entire family (or even two families). Set on 1900sqm (approx), this home is ideal for permanent living on the Mornington Peninsula or even as a fully equipped beach house.It is completely decked out for entertaining and has various different areas to entertain your guests. With lovely polished floorboards, natural colour palette and Hampton styled d cor, this home has everything you will need to ensure you never have to leave the compound. The main living room is adjacent to the kitchen and open plan dining room which becomes the central hub of the home and easily services the fabulous multiple outdoor entertaining areas that showcase a stunning pool and spa. With spectacular elevated boardwalks that connect the tropical gardens, BBQ hut, fire pit, kid's area, cubby house, swings, adults top deck and even a house for the dogs! The beautiful pool (with tranquil waterfall) and large spa are both gas heated.With fully automated pool operation with automatic water filler, the pool control panel is located inside house and also has remote access. There is plenty of off-street parking and the proximity to the bay and surf beaches is ideal. Other features include:s/steel appliances, remote double garage, fully landscaped gardens, irrigation system for front and back lawns, garden lighting throughout with timers, bore pump, connected to mains sewer, ducted vacuum system, evaporative cooling, split system A/C in kitchen/main living area, ducted gas heating, roof mounted speakers in front lounge room for surround sound - this home has it all. Resort living at its best - your very own slice of paradise.

Property History for 38-40 Glen Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,450,000
31 Oct 2017
  • 31 Oct 2017
    Sold for $1,450,000
  • 28 Jun 2017
    Listed for Sale POA
  • 31 Jul 2008
    Transferred
Sign in to see more transactions
Commute Calculator

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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:

  • The median value for Houses in Rye is $1,014,366 while the median value for Units is $622,295.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 343 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

Market Insights
Rye Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rye Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.