47 Thomson Terrace, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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47 Thomson Terrace
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Land area: 604m2
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Last updated 30 Mar 2026
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Property Details for 47 Thomson Tce, Rye

47 Thomson Tce, Rye is a 3 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 604m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Land Size
604m2
Local Government
Mornington Peninsula
Lot/Plan
24/LP72025

Last Listing description (November 2019)

This could be the new beginning you've been waiting for! If renovations are your thing, then this home provides a great opportunity with a great location and functional kitchen, perfect for use while living and improving on your new home. Cosy ambience with a wood log fireplace, main bedroom with ensuite and walk-in-robe, two accompanying bedrooms and potential for a self-contained home office, teenager's retreat or granny flat downstairs, you decide!In need of some love to bring it back to its former glory, this property is ideal for a builder, handyperson or even those project managers, who can get in there and get it ready for permanent living, or even as a holiday home. Safe area, minutes from the beach but hidden enough to be out of the summer hustle and bustle. Close to schools, restaurants, cafe's, Rye football/netball club, Peninsula Hot Springs, multiple golf courses and all the wonders of the fabulous Mornington Peninsula! Currently rented till Oct 2020, at $295 a week, get rent while you make plans for the future.Don't miss out, this opportunity won't last long!

Property History for 47 Thomson Tce, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$485,000
16 Nov 2019
Listed for Rent
$270/w
07 Oct 2011
  • 16 Nov 2019
    Sold for $485,000
  • 24 Oct 2019
    Listed for Sale Auction
  • 07 Oct 2011
    Listed for Rent $270 / week
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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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 8.39% increase in median value, while Units have seen a 14.03% increase. As at 28 February 2026:

  • The median value for Houses in Rye is $1,019,442 while the median value for Units is $630,850.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 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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