432 Tasman Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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432 Tasman Drive
Rye VIC 3941

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Floor area: 185m2
Land area: 1668m2
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Property Details for 432 Tasman Dr, Rye

432 Tasman Dr, Rye is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1668m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1980
Floor Size
185m2
Land Size
1668m2
Local Government
Mornington Peninsula
Lot/Plan
CP163110

Last Listing description (February 2020)

Brilliantly located on a double block of 1668sqm approx. directly opposite the ocean foreshore, this five bedroom home presents a rare opportunity to purchase a substantial land holding right by the ocean.
The existing home is set back on the block providing peace and privacy away from the road and offers ample accommodation for holiday makers and families. Downstairs features living room, two bedrooms and laundry. Upstairs, accessible via stairs or elevator, streams with natural light provided by the balcony stretching the length of the house with ocean glimpses from the open plan living, dining and kitchen area and second living area. Three bedrooms all with built in robes are served by family bathroom.
Liveable as is whilst offering flexibility to renovate as desired or subdivide (STCA) whilst situated opposite the ocean with beach trails to a selection of sandy coves and surf breaks as well as easily accessible to all of Mornington Peninsulas finest attractions, this is a unique and exciting offering in the most idyllic surf coast location. Also features; fireplace, split system and double garage.

Property History for 432 Tasman Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$862,000
05 Oct 2019
  • 05 Oct 2019
    Sold for $862,000
  • 10 Sep 2019
    Listed for Sale $750,000 to $800,000
  • 13 Aug 2001
    Sold
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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.

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© Copyright 2025. 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.

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