48-52 White Cliffs Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

48-52 White Cliffs Road
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4359m2
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Property Details for 48-52 White Cliffs Rd, Rye

Building Type
Unknown
Land Size
4359m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP543697

Last Listing description (September 2023)

This classic solid builders own home opposite Whitecliffs Beach is awaiting a new beginning.

Literally just a few steps to the crystal waters of White cliffs Beach, this 1970s sprawling family home on a blue chip 4360m2 (approx) allotment entices with endless scope to renovate or redevelop into a brand new coastal hideaway or architectural masterpiece (STCA) with a treed outlook from every room.

Long held, the existing four, five or six bedroom, three bathroom residence features a family/meals area, 2 kitchens in need of some TLC and original bathroom facilities, while the light filled living primary area with open fireplace and vaulted ceilings features zoned living both formal and casual dining.

Set amid a sunseeker's playground of beaches and water sports, the property is around a 15 minute walk to the throng of cafes, restaurants, takeaways, surf shops, ice creameries and bistros of Rye town center.

Hidden and well buffered from the main road, the allotment is encircled by mature coastal foliage adding to the peace and privacy. With all essential services in place, the land allows for a fuss free build once plans and permits have been secured.

Suited to permanent sea changers and holidaymakers equally, the property is also a short drive to golf courses, hot springs, surf breaks, wineries and day spas, which may also appeal to those seeking the perfect spot to construct a vacation home for the lucrative short stay market.

Property History for 48-52 White Cliffs Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$2,175,000
26 Jun 2023
  • 26 Jun 2023
    Sold for $2,175,000
  • 10 Jun 2023
    Listed for Sale $1,950,000 to $2,100,000
  • 21 Dec 1991
    Listed for Sale Not Disclosed
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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, 341 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.