47 Iolanda Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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47 Iolanda Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 651m2
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Last updated 12 Jan 2026
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Property Details for 47 Iolanda St, Rye

47 Iolanda St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 651m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1995
Floor Size
120m2
Land Size
651m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP114536

Last Listing description (March 2018)

Ideally located on the popular 'Tyrone Foreshore' and just a leisurely walk to its beautiful bay beach, this modern and comfortable residence with pleasing neutral tones has so much to offer. Perfectly set up as a current thriving holiday rental, with revenue exceeding $50,000 per annum, you can choose to continue the successful investment or utilise the property as your own holiday or permanent residence. Well appointed with many features which include 3 bedrooms (master with ensuite and WIR), open plan living/dining spaces with timber flooring, modern kitchen(with dishwasher), ducted heating and Coonara, reverse cycle heating and airconditioning, double garaging, outdoor entertaining area and fully landscaped, low maintenance gardens. Great location, quality residence, and an established, exceptional investment return suggests this is your opportunity to successfully enter the strong capital growth Peninsula property market. Don't miss it!

Property History for 47 Iolanda St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$773,000
03 Mar 2018
  • 03 Mar 2018
    Sold for $773,000
  • 29 Jan 2018
    Listed for Sale $685,000 - $750,000
  • 18 Nov 2015
    Sold for $505,000
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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 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 353 properties were sold in the past 12 months in Rye.

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© 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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