42 Ozone Street, Rye, VIC 3941 sold on 16 October 2025 | OnTheHouse
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Sold on 16 Oct 2025 for $970,000

42 Ozone Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 139m2
Land area: 943m2
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Property Details for 42 Ozone St, Rye

42 Ozone St, Rye is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 943m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
139m2
Land Size
943m2
Local Government
Mornington Peninsula
Lot/Plan
50/LP19188

Last Listing description (October 2025)

Dual accommodation with bay views in the heart of RyeA secret paradise with cosmopolitan-style delights, views of the bay and a position steps from the sand, this irresistible weatherboard beach house and self-contained guest apartment is a rare lifestyle offering 500m from the town's heart and tranquil foreshore. A rare "walk in - walk out'' buying opportunity, the home comes fully furnished and ready to enjoy immediately as a coastal retreat, a joint holiday home or a ready-to-go short stay accommodation business with income potential, while the guest apartment also offers high appeal to those with elderly parents or extended family.Completely hidden behind a long bitumen driveway sweeping up to the elevated home and extensive parking area, a tranquil garden fronts the home that enchants with authentic period charm nicely enhanced with stylish updates.Behind a broad verandah, a lounge/dining area provides elegance and ambience with a high decorative ceiling, floorboards and gas fireplace, while an as-new kitchen has timeless modern appeal with stone benchtops, matte black Smeg 900mm stove, fleur-de-lys tiled splashback and a stainless-steel dishwasher.Serviced by a stylish bathroom, three bedrooms include the main bedroom with a wall of robes and a beautiful garden outlook, the second bedroom has a Queen bed and dressing table, while a large third bedroom is well sized with bunks, study desk, cot and space for kids to lounge beside a doorway to a fenced rear courtyard garden.With its own separate entry gate, the self-contained guest unit offers fabulous seaside stays featuring open plan living and dining with a beautiful outlook over undulating rear gardens and sweeping lawns with outdoor shower, a covered alfresco deck, full kitchen with Kleenmaid cooker and dishwasher, a bedroom and a combined bathroom/laundry.With the beach, supermarket, restaurants, yacht club, school and pier all just a short walk away-and Peninsula Hot Springs, world-class golf courses, wineries and ocean beaches only minutes by car-this exceptional dual-living property offers a rare and versatile lifestyle or investment opportunity in one of the Mornington Peninsula's most desirable coastal towns.For further information, please contact Mal McInnes at the Blairgowrie Office on 0415 502 316 or mal.mcinnes@belleproperty.comDisclaimer: 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.

Property History for 42 Ozone St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$970,000
16 Oct 2025
Listed for Rent
$395/w
28 Jan 2017
  • 16 Oct 2025
    Sold for $970,000
  • 14 Aug 2025
    Listed for Sale $970,000
  • 07 Mar 2018
    Sold for $755,000
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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 10,056 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 77 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 348 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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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.