38 Elgan AvenueRye VIC 3941
Property Details for 38 Elgan Ave, Rye
38 Elgan Ave, Rye is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 753m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
A perfect location to build, live, or holiday. Sitting on 752.2sqm approximately, the house is a cosy two-bedroom with a bungalow. The block features dual access; the front road is convenient, while it backs onto a quiet no through road, making it ideal for boat owners, or a family with children who want a safe place for them to ride their bikes and play.
Rye tennis courts are virtually next door, which leads onto the Rye Oval. A short walk will take you to Rye shops or the foreshore. Currently tenanted for $300 per week with good tenants until May.
This is your chance to build your dream home (STCA) or secure a spot on one of the best parts of the Mornington Peninsula in this highly sought after area, that is only going to continue to skyrocket.
Property History for 38 Elgan Ave, Rye, VIC 3941
- 09 Mar 2021Sold for $853,000
- 25 Feb 2021Listed for Sale UNDER OFFER - Daniel Chessari 0435169102
- 23 May 2014Listed for Rent $265 / week
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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 10,054 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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