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

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 128m2
Land area: 603m2
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Last updated 16 Mar 2026
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Property Details for 40 Tuerong St, Rye

40 Tuerong St, Rye is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 603m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1970
Floor Size
128m2
Land Size
603m2
Local Government
Mornington Peninsula
Lot/Plan
46/LP53778

Last Listing description (April 2017)

Hurry!!! This is the perfect time to secure your holiday/permanent home! Elevated in a beautiful pocket of Rye with glimpses of the bay looking through Rye's native flora. Close to the bay and shops, this home consists of four large double bedrooms. The spacious open plan living/entertaining and kitchen/dining area opens out to the balcony and views. Every day is a beautiful day when you can relax on the huge rear deck listening to the birds in the trees while taking in the views. The ground floor has a fully renovated self contained unit which can be used for the extra family member or air B&B. The parking underneath the house accommodates up to six cars and or a boat. Surrounded by a low maintenance native garden, you will have to argue among yourselves whether you want to use the separate little 'cottage' as a man cave, rear lock up storage shed or an artists studio.. What more can you possibly want? How about realistic vendors.

Property History for 40 Tuerong St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$626,500
22 Mar 2017
  • 22 Mar 2017
    Sold for $626,500
  • 20 Mar 2017
    Listed for Sale 570000 - 630000
  • 04 Oct 2014
    Sold for $385,000
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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 10,058 properties. Over the last 5 years, Houses in Rye have seen a 8.39% increase in median value, while Units have seen a 14.03% increase. As at 28 February 2026:

  • The median value for Houses in Rye is $1,019,442 while the median value for Units is $630,850.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 75 properties listed for sale, and 5 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 341 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.

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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