48 Florence Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

48 Florence Drive
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 740m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 48 Florence Dr, Rye

48 Florence Dr, Rye is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 740m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1960
Floor Size
122m2
Land Size
740m2
Local Government
Mornington Peninsula
Lot/Plan
1731/LP41474

Last Listing description (January 2025)

Introduced by a trademark weatherboard faade and boasting significant period dimensions and family-oriented attributes, this beautiful and thoughtfully refreshed 4-bedroom home is a wonderful opportunity to enjoy the best of the laid-back Peninsula lifestyle. A full-width alfresco deck to the front captures the warmth of the morning sun, complementing the relaxed ambience within, where soaring ceilings, hardwood floors and a crisp white palette add to the free-flowing layout. Skylights enhance the gracious open plan family room and separate sitting room, opening through French doors to a gloriously private rear garden with red-brick paved seating area and lawn in a mature landscaped setting, confirming great entertaining potential. A well-equipped and updated kitchen with a dual-fuel Belling stove and stainless steel dishwasher add to the functionality of the space, branching off to four generous bedrooms, including the light-filled main with deck access and an ensuite bathroom. A renovated central bathroom, dual access toilet and laundry extend the flexibility, with features including split system cooling, gas ducted heating, an outdoor shower and plenty of parking, including a double carport. Positioned in an extremely sought-after location within a short distance to the sandy Tyrone foreshore and the rolling surf of the Number Sixteen ocean beach, and moments from Rye village, local shops, buses and leafy parks. Proudly marketed by Crowders Real Estate

Property History for 48 Florence Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,225,000
08 Mar 2022
  • 08 Mar 2022
    Sold for $1,225,000
  • 09 Feb 2022
    Listed for Sale $1,200,000-$1,275,000
  • 27 Apr 2007
    Sold for $285,000
Sign in to see more transactions
Commute Calculator

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 76 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 347 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

Market Insights
Rye Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rye Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.