470 Tasman Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

470 Tasman Drive
Rye VIC 3941

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 864m2
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Property Details for 470 Tasman Dr, Rye

470 Tasman Dr, Rye is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 864m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1990
Floor Size
77m2
Land Size
864m2
Local Government
Mornington Peninsula
Lot/Plan
118/LP44535

Last Listing description (September 2023)

Inspect Strictly via Private Appointment

Nestled in a coveted location, directly opposite the stunning coastal reserve with no houses opposite, this unique rustic home offers a chance to embrace the beauty of the shoreline right at your doorstep. Listen to sound of crashing waves in the quiet of the night!

Presenting a rare opportunity, this one-bedroom, stylish beach cottage is truly unique. Winter evenings are especially romantic with a wood heater to cosy up to and a large free-standing oval bath tub in a very special bathroom retreat.

This generous 865 sqm (approx.) parcel of land in a most sought-after spot on Tasman Drive brims with potential. Take advantage of the existing home and have your own beachside hideaway, an already popular holiday letting investment, or extend and create a dream seaside haven for your family.

Situated opposite the ocean with 16th Beach a five-minute walk away, nature trails along sandy coves and surf breaks, as well as being down the road from the Peninsula's top two top hot springs, with wineries and distilleries close by, this is a unique and exciting offering in the most idyllic location between the ocean and the bay. Features include secure front gates, split system heating/cooling and a separate 40 sqm black Colorbond shed/studio with shower and laundry.

Property History for 470 Tasman Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,160,000
26 Aug 2023
  • 26 Aug 2023
    Sold for $1,160,000
  • 16 Aug 2023
    Listed for Sale $1,100,000 to $1,200,000
  • 13 Apr 2008
    Sold for $340,000
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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 10,056 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 74 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 346 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Cotality Copyright and Legal Disclaimers about Property Data
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.