5 Sheila Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

5 Sheila Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 130m2
Land area: 639m2
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Property Details for 5 Sheila St, Rye

5 Sheila St, Rye is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 639m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Year Built
1970
Floor Size
130m2
Land Size
639m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP33897

Last Listing description (February 2025)

OFFERS CLOSING TUESDAY 5TH MARCH 2024 @ 2:00PM

Discover coastal living at its finest with this exquisite property just a leisurely 2 minute stroll (200 mtrs) from the pristine shores of Rye Beach. Nestled within a quiet pocket of Rye on the enchanting Mornington Peninsula, this residence offers the perfect blend of tranquillity and convenience. Imagine being just a moments away from the shores of Port Phillip Bay and a short walk from the vibrant hub of Rye's shops, renowned restaurants, and charming boutique shops, allowing you to experience the best of coastal living while maintaining a peaceful retreat. Step inside to an inviting open plan design, seamlessly connecting the kitchen, dining, and living areas. Flooded in natural light thanks to strategically placed skylights and an abundance of windows, this home radiates warmth and a welcoming ambiance complete with natural wood fire. Boasting 4 bedrooms, the master with ensuite and a well equipped central bathroom to service the remaining 3 bedrooms there is plenty of room for family and friends to come and stay. The well-appointed kitchen invites culinary creativity, making it a central hub for both everyday living and entertaining. Embrace the outdoors in your private, spacious entertaining area an idyllic spot to host gatherings or simply unwind amidst the natural beauty of the surroundings. The flat parcel of land, spanning approximately 639m2, offers a wonderful canvas for your dream garden or additional extension or pool. Whether you seek a permanent residence, a holiday haven, or a lucrative investment property, the choice is yours. This versatile home caters to a variety of lifestyles, comfort, convenience, and the quintessential coastal experience. Don't miss the opportunity to make this property your own and start living the beachside dream on the magnificent Mornington Peninsula. Proudly marketed by Crowders Real Estate.

Property History for 5 Sheila St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,130,000
07 Mar 2024
Listed for Rent
$250/w
10 Jul 2008
  • 07 Mar 2024
    Sold for $1,130,000
  • 13 Feb 2024
    Listed for Sale $1,150,000-$1,250,000
  • 31 Oct 2017
    Sold for $885,000
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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 76 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.