45 Observation Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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45 Observation Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 780m2
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Last updated 19 Jan 2026
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Property Details for 45 Observation Dr, Rye

45 Observation Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 780m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
House
Land Size
780m2
Local Government
Mornington Peninsula
Lot/Plan
169/LP19188

Last Listing description (October 2025)

*** Fully Furnished Just Move In***

Welcome to your dream rental at 45 Observation Drive, Rye! This beautifully designed house combines modern architecture with cozy living, making it the perfect sanctuary for you and your family.

Step into a bright and airy living room adorned with elegant hardwood flooring and stylish home decor. The space is perfect for relaxation or entertaining guests, featuring a comfortable couch and tasteful furnishings that create an inviting atmosphere.

The heart of the home boasts a well-appointed kitchen, ideal for culinary enthusiasts. Enjoy ample counter space, modern appliances, and a dining area complete with a charming dining table, perfect for family meals or hosting dinner parties.

This home offers generously sized bedrooms that provide a peaceful retreat. Each room is thoughtfully designed, ensuring you have a comfortable and restful space to unwind. Experience the luxury of well-designed bathrooms that combine functionality with modern aesthetics.

This property offers a lovely outdoor alfresco area, perfect for enjoying the fresh air or hosting gatherings with friends and family.

The property includes internal entry from the remote garage and additional storage space for your convenience.

Nestled in the charming community of Rye, you'll enjoy easy access to local amenities, parks, and beautiful coastal views. Experience the perfect blend of tranquility and convenience in this sought-after neighborhood.

Don't miss out on this fantastic opportunity to lease a stunning home that checks all the boxes! Contact us today to arrange a viewing and make 45 Observation Drive your new home.

FULLY FURNISHED

To view this property, please register your details online to be informed of an upcoming inspection!

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Property History for 45 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$300,000
13 Apr 2011
Listed for Rent
$700/w
25 Sep 2025
  • 23 Sep 2025
    Listed for Rent $700 / week
  • 19 Feb 2025
    Listed for Rent $700 / week
  • 13 Apr 2011
    Sold for $300,000
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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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 78 properties listed for sale, and 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 349 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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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