40 Government Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

40 Government Road
Rye VIC 3941

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 914m2
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Last updated 22 Dec 2025
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Property Details for 40 Government Rd, Rye

40 Government Rd, Rye is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 914m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Floor Size
106m2
Land Size
914m2
Local Government
Mornington Peninsula
Lot/Plan
168/LP5989

Last Listing description (September 2025)

This lovely four bedroom home is conveniently located only 500 meters from the beach and within walking distance to Rye Primary School, bus stops, local shops, restaurants and cafes. A short drive to Rosebud Secondary College, Padua College, world class Golf Courses, Mornington Peninsula Freeway, the Hot Springs and popular locations such as - Sorrento, Portsea and Mornington.

Features Include:

Kitchen/meals/living area with split system and laundry facilities

Sizeable living room with split system
Four well appointed bedrooms with built in robes
Modern main bathroom with bath tub and separate toilet
Rear yard with large deck
Parking in drive way

Further Features Include:

Gas cooktop
Ample storage

***Please be advised the shed/garage is not included in the lease and will remain locked for the duration of the tenancy***

***Open inspections subject to change or cancellation without notice. Please register to receive all updates***

For further inquiries please call the assigned leasing consultant. PHOTO 'ID' AND PHONE NUMBER MUST BE PROVIDED WITH ALL ENQUIRIES.

**Every effort has been made to ensure the accuracy of the information contained in this advertisement. The publisher, their officers, employees, representatives, contractors or related parties however, shall have no liability to any person with respect to any accuracy, inaccuracy or omission**

*** At Buxton we prioritize the safety and security of our prospective tenants. Please be aware that we will never request your bank account details or any payment until youve been officially approved through our process. Additionally, we do not advertise our rental properties on Facebook or any other social media platforms. Your security is our priority ***

Property History for 40 Government Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,110,000
28 Jan 2023
  • 04 Aug 2025
    Listed for Rent $570 / week
  • 04 Mar 2024
    Listed for Rent $550 / week
  • 28 Jan 2023
    Sold for $1,110,000
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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 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, 347 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.