42 Centre Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

42 Centre Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 131m2
Land area: 916m2
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Property Details for 42 Centre Dr, Rye

42 Centre Dr, Rye is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1990. The property has a land size of 916m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1990
Floor Size
131m2
Land Size
916m2
Local Government
Mornington Peninsula
Lot/Plan
35/LP51405

Last Listing description (August 2022)

Set on an idyllic 916*m2 allotment in one of the most sought after streets on the southern peninsula, this immaculate family home located just 700*m from the magical Tyrone Foreshore, represents an exciting blue-chip opportunity to secure your financial future with an immediate return.
Behind the secure gated entry and down the crushed rock drive, a charming, quality built brick home awaits. Nestled towards the rear of the block for maximum privacy and a sense of grandeur, the home is also cleverly positioned to maximise the highly desirable north easterly aspect.
Cathedral ceilings are enjoyed throughout as well as a cosy wood burning fireplace in the main living space, split system air-conditioning in dining, modern kitchen with gas cooktop, interior brick feature walls, timber look flooring, large picture windows and a sun drenched terrace located straight off the kitchen. Three light filled bedrooms offer comfortable accommodations and are serviced by the properties two main bathrooms.

The perfect proposition for those looking for a turn-key investment with a secure tenancy in place, family home or lifestyle coastal estate, the property also offers a multitude of options to further extend, add a substantial swimming pool, guest quarters (stca) or expand on the already parklike grounds to create your very own private oasis.
With the popular Tyrone Foreshore Reserve just a 15 minute* walk and the boat ramp also close by it's a water lover's delight! All of the regions exclusive and highly sought after attractions including world class golf courses, boutique dining, national parks, luxury day spas and ocean beaches are also just minutes away.

Features include
- Quality built brick home set on a large allotment of over 900*m2
- Immaculately presented both inside and out
- Private position away from the street
- Located just 700*m to the foreshore & Bay trail
- Current lease in place until Nov 2022 with excellent long term tenants
- Light filled throughout
- Cathedral ceilings, wood burning fireplace and split system air conditioning
- Located just minutes to an array of world class local amenities
- Walk to Rye beach, White Cliff Lookout & walking trails

*All distances and measurements are approximate only.

Property History for 42 Centre Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,360,000
21 Jul 2022
Listed for Rent
$410/w
28 Feb 2017
  • 21 Jul 2022
    Sold for $1,360,000
  • 04 Jul 2022
    Listed for Sale UNDER CONTRACT
  • 17 May 2022
    Listed for Sale $1,450,000 - $1,595,000
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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.