5 Schutt DriveRye VIC 3941
Property Details for 5 Schutt Dr, Rye
Last Listing description (July 2007)
BACK BEACH / OCEAN VIEWS
Don't be kicking yourself in the future now is your opportunity to purchase a scarce and sought after block with ocean views all the way to Cape Schanck.
Approximately 4924m2 undulating with privacy and minutes to walk to the beach. It's a rare opportunity along with the comfort and knowledge that you will amongst some of the finest properties on the peninsula
Property History for 5 Schutt Dr, Rye, VIC 3941
- 05 Dec 2007Listed for Sale $569,000
- 26 Jul 2007Listed for Sale $570,000
- 12 Aug 1999Sold for $120,000
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0About 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.
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