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

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 852m2
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Property Details for 40 Bruce St, Rye

40 Bruce St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 852m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
1975
Floor Size
99m2
Land Size
852m2
Local Government
Mornington Peninsula
Lot/Plan
67/LP111957

Last Listing description (May 2018)

Classic beach house on stunning coastal block. Immaculately presented and emanating a relaxed coastal chic, this adorable three-bedroom beach house speaks of salty days in the sea and long lazy barbecues on the lawn with a few vinos as the kids play barefoot bowls on the grass.
Just a stone s throw to the surf breaks of Rye Ocean Beach and a short drive to Rye town centre, sandy beach and the glassy waters of the bay, hot springs and a choice of golfing greens, the immaculate western red cedar residence features open-concept living beneath a pitched roofline with exposed timber beams doused in natural light via tall windows.

The interconnecting dining area is encased in sliding glass doors opening to the veranda, lawn and bush of this 781m2 (approx) private level allotment.
Light-blue cabinetry and a bright natural light offer a fresh space for preparing the cheese platters for your afternoon nibbles in the adjoining kitchen, which includes a breakfast bar, electric cooking and a large timber pantry to accommodate full family meals.
Backdropped by the gentle purr of the surf crashing nearby, sleepy young ones will sleep snugly down the hall in the comfortable bedrooms adjacent a full family bathroom with separate toilet, as parents bask under the stars on hot summer nights.
Other features include split-system air-conditioning, a shed and carport.

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Property History for 40 Bruce St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$662,500
23 Apr 2018
  • 23 Apr 2018
    Sold for $662,500
  • 23 Feb 2018
    Listed for Sale $640,000 - $690,000
  • 09 Sep 1998
    Sold for $85,000
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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, 350 properties were sold in the past 12 months in Rye.

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© 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.

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