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

40 Murray Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 613m2
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Property Details for 40 Murray St, Rye

40 Murray St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 613m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
House
Year Built
1994
Floor Size
145m2
Land Size
613m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP214737

Last Listing description (October 2025)

Bathed in natural light and enveloped by beautifully manicured gardens, this sophisticated coastal retreat on the Blairgowrie border offers an unparalleled sense of serenity and seclusion. Thoughtfully designed to maximise privacy, the homes north-facing orientation invites sunlight to flood the interiors, while vast picture windows frame the lush greenery beyond. As day turns to night, extensive outdoor lighting transforms the landscape into a breathtaking spectacle, enhancing the homes enchanting atmosphere.

The outdoor experience is truly extraordinary, with a secluded cedar hot tub nestled beneath a canopy of ancient Moonah trees. Whether basking in the morning sun or soaking under a starlit sky, this surreal setting offers a therapeutic escape like no other. Expansive alfresco spaces provide the perfect backdrop for entertaining or quiet reflection, surrounded by meticulously curated gardens that exude tranquility.

Inside, two light-filled living areas offer comfort and flexibility, while the well-appointed kitchen and dining space flow effortlessly to the outdoors. The master suite is a private sanctuary, featuring a walk-in robe and indulgent ensuite, while a dedicated study ensures both function and retreat. With secure garaging, additional off-street parking, and a proven reputation as a high-performing short-term rental, this is a rare opportunity to embrace a lifestyle of effortless coastal luxury.

Key Features:
Premier Blairgowrie border location, moments from beach & village
Expansive north-facing outdoor entertaining with lush gardens
Unique cedar hot tub for an indulgent year-round experience
Two distinct living areas for ultimate flexibility
Master suite with ensuite, walk-in robe & his-and-hers vanity
Dedicated study space, perfect for remote work or quiet retreat
High-performing short-term rental with exceptional returns
Climate control with split-system heating/cooling & gas fireplace

Property History for 40 Murray St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,650,000
04 Jun 2025
  • 04 Jun 2025
    Sold for $1,650,000
  • 05 Mar 2025
    Listed for Sale $1,630,000 - $1,690,000
  • 27 Sep 2014
    Sold for $465,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,060 properties. Over the last 5 years, Houses in Rye have seen a -10.13% decrease in median value, while Units have seen a 11.93% increase. As at 30 June 2026:

  • The median value for Houses in Rye is $965,905 while the median value for Units is $654,099.
  • Houses have a median rent of $600 while Units have a median rent of $503.
There are currently 50 properties listed for sale, and 15 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 334 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.