388 Dundas Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

388 Dundas Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 202m2
Land area: 836m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Apr 2026
Low

High
Save

Property Details for 388 Dundas St, Rye

388 Dundas St, Rye is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1986. The property has a land size of 836m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1986
Floor Size
202m2
Land Size
836m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP194870

Last Listing description (September 2021)

Architectural excellence masterfully integrated into a tranquil coastal setting, serenity and style awaits in this four-bedroom eco hideaway just moments from the surf.

Set well back from the street on a service track behind tall gates and a stone basket fence on a gently ascending 883m2 (approx) allotment, the home has been sculpted into the landscape to stunning effect, while inside the visual feast continues with a spacious floorplan offering multiple living zones.

At the heart of the residence, the designer kitchen offers granite benchtops and high-grade stainless steel appliances beautifully offset by stylish cabinetry and overlooks the dining area and cascading lounge rooms with spotted gum flooring beyond.

Letting in the balmy breezes on hot afternoons, the huge entertaining deck makes a striking statement with new Stringybark boards (*not shown in photos), built-in log benches and tree-trunk alfresco bar to relax in harmony with nature as you soak up the seaside ambience to the sound of breaking waves from this premium surf coast address just 250 metres to the beach trail.

Flaunting plenty of versatility for either permanent living, privileged weekend escapes or a fantastic investment property for holiday rentals close to golf courses, Peninsula Hot Springs and best of all, just metres to the Rye Back Beach shopping strip, you will be lulled to sleep by the soothing sounds of the surf at this 6 star energy rated home designed for passive heating and cooling.

Included in the many features are a master with ensuite, guest bedroom with ensuite access to the main bathroom, hidden European laundry, Bosch dishwasher, split-system air-conditioning, large rainwater tank, double glazed windows and double remote garage with internal access.

*Please note: Due to the current lockdown restrictions, our photographer is not permitted to attend the property and as a result, the images shown were commissioned when the property last sold in 2017. The vendor has confirmed that the property is essentially in the same condition as shown, with the only significant change being the deck which has recently been upgraded with premium grade 'Darwin Stringybark' boards.

Hockingstuart | Belle Property is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Mal McInnes on 0415 502 316 mal.mcinnes@belleproperty.com

Property History for 388 Dundas St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,550,000
06 Sep 2021
  • 06 Sep 2021
    Sold for $1,550,000
  • 01 Sep 2021
    Listed for Sale UNDER OFFER
  • 04 Nov 2017
    Sold for $855,000
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 73 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 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.