468 Tasman Drive, Rye, VIC 3941 sold on 13 March 2025 | OnTheHouse
SOLD
Sold on 13 Mar 2025 for $1,100,000

468 Tasman Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
Land area: 864m2
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Property Details for 468 Tasman Dr, Rye

468 Tasman Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 864m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Floor Size
106m2
Land Size
864m2
Local Government
Mornington Peninsula
Lot/Plan
117/LP44535

Last Listing description (July 2025)

Privately positioned amongst silver moonahs and native gardens, this classic beach house holds the key to an extraordinary lifestyle on the cusp of the ocean coastline.
Featuring hardwood floors, high timber ceilings, decks to both North and South and extensive natural light flooding in from all directions, this well maintained and updated home is perfect for weekend adventures, a permanent home or an investment property.
Just a five minute walk to 16th Beach General Store and famous 16th Beach Dragon Head natural swimming pool (low tide), this home sits on an allotment of 864m2 approx in the tightly held community-minded 16th Beach precinct.

The long driveway through natural forests of moonahs provides the perfect entry via an undercroft and carport to a foyer, central bathroom, wc and laundry with a large bedroom (bir and study desk) and living area or fourth bedroom.
The solid timber staircase ascends to a glorious sunlit lounge with sliding doors opening to a full width deck; the sea air and ocean sounds embracing one's senses. A generous dining space overlooking the second balcony to the North features a built in bookcase and generous storage closet which are anchored by a large updated kitchen featuring glass splash backs and double door pantry cupboard.
The main bedroom (with walk through robe to modern main shower room, vanity and wc with second separate wc) and third bedroom (bir's) are on this level providing a complete solution for year round enjoyment.
There are split systems and a combustion heater adding to the overall hygge feel of the home.
This truly is a special property with authenticity and a distinct coastal ambiance.
Opposite the National Park and renowned Coastal walking trail (Cape Schanck to Point Nepean), this home is one to be desired. This home would also possibly benefit from further updating which would transform the home to a marvellous contemporary example of an Australian beach house.

Property History for 468 Tasman Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,100,000
13 Mar 2025
  • 13 Mar 2025
    Sold for $1,100,000
  • 21 Feb 2025
    Listed for Sale $995,000 - $1,095,000
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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 77 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 350 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.