394-400 Browns Road, Rye, VIC 3941 sold on 18 March 2025 | OnTheHouse
SOLD
Sold on 18 Mar 2025 for $1,500,000

394-400 Browns Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 9996m2
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Property Details for 394-400 Browns Rd, Rye

Building Type
Rural
Year Built
1970
Floor Size
131m2
Land Size
9996m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP138380

Last Listing description (August 2025)

Serene space for 2 luxury homes

A rare and incredible land holding moments from Rye's sensational ocean coastline and the peninsula's famed Number 16 surf beach, this enchanting 2.4 acre (approx.) property is a builder's or developer's chance to make their mark in this serene seaside setting with glorious space to build a masterpiece.

Gently undulating with plenty of space for pool and/or tennis court, the property features a high point at the rear that provides an expensive flat section to build on, providing stunning elevation to enjoy leafy serenity or beautiful treetop views from a potential second storey (STCA).

Set neatly on the right hand-side of the property allowing for easy subdivision, the charming brick residence offers comfort as a relaxing holiday home and exciting scope to renovate and refurbish in this lovely garden setting. Or the home could come down to make way for your dream home completely customised to your needs.

With a long shady verandah looking out to cottage gardens and with a water garden and large chicken enclosure filled with happy hens, the home includes two living areas, a central kitchen and open dining area opening to the alfresco area, while a family bathroom and utilities room/office sits beside the three bedrooms.

Just minutes from Rye restaurants, sandy bay beach and pier, as well as golf courses, hot springs and other attractions, the property is positioned to lap up the spoils of the southern peninsula.

To be notified when inspections of this property are available, to be sent a copy of the Contract and advised of property updates, simply submit an enquiry on this page.

The Belle Property Southern Peninsula team is proud to be offering this property for sale. For further information, please contact Jay Furniss at the Blairgowrie Office on 0419 728 225 or jay.furniss@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 394-400 Browns Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,500,000
18 Mar 2025
  • 18 Mar 2025
    Sold for $1,500,000
  • 28 Nov 2024
    Listed for Sale $1,500,000
  • 18 Nov 2004
    Transferred
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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 10,056 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.
There are currently 76 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 346 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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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.