40 Milton Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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40 Milton Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 741m2
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Property Details for 40 Milton Rd, Rye

40 Milton Rd, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 741m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Land Size
741m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP205269

Last Listing description (October 2024)

Impressive family living with bay glimpses.

With a commanding view over the treetops and a glimpse of the bay toward Sorrento, this solidly built and well-maintained home includes dual street frontages and a superb location just 750m from the calm waters and golden sands of Tyrone Foreshore and is a pleasant walk to the Blairgowrie village.

Perfect as a holiday escape or permanent home to take advantage of all the peninsula's spoils, two large living areas and a spacious central kitchen and dining area define the upper level - leading out to an entertaining balcony with shade awning to enjoy afternoon sea breezes and drinks with family and friends.

A gas cooktop, wall oven, dishwasher and island breakfast bench will make short work of mealtimes, while there is also scope for easy updates to add value to this already impressive home.

All three bedrooms have built-in robes and the large master offers an ensuite bathroom and picture window framing neighbourhood views.

Set beside the Hibiscus Grove Reserve with its moonahs and ti-tree, the property also features ducted evaporative cooling and gas heating, attractive easy-care gardens and a generous remote double garage opening to a huge under house workshop and storage area that will excite any home handyman.

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.

Belle Property is proud to be offering this property for sale. For further information, please contact Tim Bradler on 0400 312 412 or tim.bradler@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.

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Property History for 40 Milton Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,243,750
01 Oct 2024
  • 01 Oct 2024
    Sold for $1,243,750
  • 01 Sep 2024
    Listed for Sale CONTACT AGENT
  • 20 Feb 1995
    Sold for $43,000
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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 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 70 properties listed for sale, and 3 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 352 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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