40-42 Heyfield RoadRye VIC 3941
Property Details for 40-42 Heyfield Rd, Rye
Last Listing description (July 2021)
Superb 4050m2 Land Holding with Two Street Frontages walking distance to Ocean Beaches.
Retained in the family for many years, this much-loved family landholding with charming three-bedroom brick home on land approx 4050m2 or 1 acre has two street frontages to Heyfield Rd and Arunta Court. Located just 700m to Ocean Beaches, this predominantly flat parcel offers an unparalleled opportunity to renovate, extend the existing dwelling or construct a significant lifestyle home and enjoy the anonymity and privacy that Oceanside Rye prestige precinct offers.
Easily accessible via Browns Rd, this rare offering is just minutes to 16th Beach General Store, Rye Shopping Village, St Andrews Brewery and shops, Hawkes Farm Gate, Peninsula Springs Thermal Baths and a short drive to Main Ridge, Red Hill and beyond to wineries, gourmet food producers and restaurants and easy access to Freeway.
Property History for 40-42 Heyfield Rd, Rye, VIC 3941
- 27 Jun 2021Sold for $1,700,000
- 23 May 2021Listed for Sale $1,650,000 to $1,800,000
- 22 Oct 1992Sold for $50,000
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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 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.
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