41 Observation Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

41 Observation Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 88m2
Land area: 780m2
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Last updated 22 Dec 2025
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Property Details for 41 Observation Dr, Rye

41 Observation Dr, Rye is a 4 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 780m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Floor Size
88m2
Land Size
780m2
Local Government
Mornington Peninsula
Lot/Plan
171/LP19188

Last Listing description (May 2025)

TO INSPECT/APPLY: For a private inspection of the property, please submit an application and attach your supporting documentation and the agent will be in contact with you to book a private appointment. Virtual inspections are available upon request.

Woodards Peninsula is proud to represent this magnificent 4 bedroom 3 bathroom home, complete with pool and spa.

Enjoy this beautifully bright and light beach house soaking up the warmth on the North facing deck. Relax in the spa or sit back and enjoy the spaciousness and lush gardens full of fruit trees that surround you. Yes - you can pick and eat fresh from the trees! There are lemons, mulberries, nectarines, cherries, figs & apples.

Superbly located in close proximity to the beach, shops, golf course and wineries youll feel as though everyday is a holiday.

Multiple living spaces, undercover alfresco, decking around the pool and spa this really is the perfect entertainer.

Property can be made available fully furnished.

Be quick, this property will appeal to many!

Property History for 41 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$525,000
12 Dec 2018
Listed for Rent
$960/w
25 Jan 2024
  • 29 Sep 2024
    Listed for Sale $1,250,000 to $1,350,000
  • 21 Feb 2024
    Listed for Sale $1,350,000 - $1,450,000
  • 25 Jan 2024
    Listed for Rent $960 / week
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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.