40 Edgar Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

40 Edgar Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Floor area: 209m2
Land area: 1003m2
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Property Details for 40 Edgar St, Rye

40 Edgar St, Rye is a 4 bedroom, 2 bathroom House with 8 parking spaces and was built in 2010. The property has a land size of 1003m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2010
Floor Size
209m2
Land Size
1003m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP148298

Last Listing description (May 2023)

Built for those who love to entertain, this magnificent four bedroom luxury escape set in a picturesque location just three blocks back from the beach, will be sure to excite even the most discerning buyer.

Located just 400*m to the entrance of the beautiful Tyrone Foreshore reserve and beach, this impressive property displays the ultimate in premium coastal living and offers an excellent proposition for those looking for a large family home or those seeking a lucrative holiday investment with proven return.

Featuring a long list of inclusions, the property occupies a generous allotment of approximately 1003*m2 and offers four bedrooms with the primary including a spacious walk in robe and ensuite, an additional family bathroom, open plan living space, a beautiful modern kitchen fully equipped with quality appliances, second living or fifth bedroom plus an additional games room/rumpus room to the lower level or generous garage space.

This impeccable property also presents a spectacular upper level undercover entertaining space which enjoys a sunny north/west aspect and takes in peaceful treed vistas. Celebrating true indoor/outdoor living and surrounded by native Moonah trees and mature vegetation, this fantastic space which wraps around the rear of the home, is easily accessed through the main living space - making entertaining a breeze!

Located in one of the most prestigious and tightly held streets in Rye, from this incredible position you are just minutes from both Blairgowrie Village and Rye Town Centre, plus a variety of outstanding local amenities including a mix of both fine dining and casual restaurants, championship golf courses, sailing clubs, day spas and an array of cafes offering some of the best coffee on the peninsula.

Property features include:

Prestigious & converted Tyrone Foreshore location conveniently located halfway between Blairgowrie & Rye.

Generous allotment of approximately 1003m2

Located approximately 400m to the beach (accessed by a laneway two doors down).

Generous garage space

Double glazed windows throughout all doors & windows are lockable.

Connected to mains sewer

3-phase power connected to the property

3-phase Central Refrigerated Air

Rinnai Instant Hot Water system to bathrooms & hi spec heat pump hot
water system to the remainder of the property.

Fully equipped kitchen featuring quality appliances

Extensive storage space/cupboards

If seeking a holiday home, the Vendor is willing to consider offer on
furniture/appliances so it is basically turn key.

Securely protected by multiple RING security cameras & alarm system

NBN is connected

Beautifully landscaped grounds featuring native Moonah trees and coastal vegetation

*All distances and measurements are approximate only.

Property History for 40 Edgar St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,700,000
30 Apr 2023
Listed for Rent
$490/w
25 Jul 2014
  • 30 Apr 2023
    Sold for $1,700,000
  • 16 Mar 2023
    Listed for Sale UNDER CONTRACT
  • 19 Feb 2020
    Listed for Sale $1,150,000 to $1,230,000
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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 10,056 properties. Over the last 5 years, Houses in Rye have seen a 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:

  • The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
  • Houses have a median rent of $600 while Units have a median rent of $493.
There are currently 68 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 351 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.