38 Bruce Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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38 Bruce Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 96m2
Land area: 889m2
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Last updated 12 Jan 2026
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Property Details for 38 Bruce St, Rye

38 Bruce St, Rye is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 1963. The property has a land size of 889m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1963
Floor Size
96m2
Land Size
889m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP973770

Last Listing description (December 2024)

INSPECTION IS BY APPOINTMENT ONLY so call Brendan today to arrange a time.

Located in the highly sought after Rye back beach precinct, this wonderfully looked after property would suit as a quiet holiday getaway, permanent residence or redevelopment opportunity.

The home consists of 2 bedrooms, master with ensuite and walk in robe, second bedroom and central family bathroom. The kitchen opens onto the dining and lounge area with access out to the undercover patio area. A self contained 1 bedroom Bungalow at the rear has separate gas and water services and is ideal for a teenage retreat or rental option.

Features include:

? 2 Bedrooms
? Master with ensuite
? Separate family bathroom
? Kitchen with gas cook top
? Split system
? Wall heater
? Self contained 1 bedroom Bungalow
? Manicured gardens
? Single garage
? Bore Water
? Land size approx 876sqm

Close to the Dundas St Shops, great golf courses and the rugged ocean beach and National Park walking tracks this is an opportunity not to be missed.

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Property History for 38 Bruce St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$900,000
10 Nov 2023
  • 10 Nov 2023
    Sold for $900,000
  • 01 Nov 2023
    Listed for Sale UNDER CONTRACT
  • 21 Jul 1984
    Sold for $30,500
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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 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 77 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 351 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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