5 Wargundy Avenue, Rye, VIC 3941 sold on 15 April 2025 | OnTheHouse
SOLD
Sold on 15 Apr 2025 for $835,000

5 Wargundy Avenue
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 183m2
Land area: 1054m2
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Property Details for 5 Wargundy Ave, Rye

5 Wargundy Ave, Rye is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1054m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
183m2
Land Size
1054m2
Local Government
Mornington Peninsula
Lot/Plan
55/LP86400

Last Listing description (August 2025)

Immersed in the serenity of the seaside with a surreal vista over the treetops, this elevated contemporary beach house embraces a life of blissful beachside living in the heart of the southern peninsula.

Set on more than a quarter of an acre at one of Rye's highest points between the ocean and beautiful bay beaches, the four-bedroom home overflows with relaxing ambience, with a floorplan that spills out to numerous sundecks to lap up the outdoors.

Enchanting with a stepped garden walkway leading the way to a sunny entry, the home offers open plan living on both upper and lower levels, with a central glass stairwell adding a striking element to the architecture.

Upstairs, the sundrenched lounge and dining room adjoins a sleek kitchen with deep stainless-steel drawers, small dishwasher and electric stove, while a sliding door opens to an alfresco entertaining area with a stunning outlook over a valley of treetops.

The main bedroom also has its own private balcony among the treetops with a stylish bathroom across the hall with step-in shower, along with the second bedroom. Downstairs another two bedrooms include one opening to its own deck and a second bathroom with a slumped frosted glass vanity, while the lower level living areas has space for a study area and doors to both the back and front gardens.

With a long driveway sweeping past the home to rear parking, the home also includes reverse-cycle airconditioning, great space for your basketball practice ring and a tranquil spot for your fitpit.

A heavenly holiday home or the perfect permanent seachange, the property is just minutes to Rye town centre, beach and pier, golf courses, day spas, St Andrews Brewery, horse trail riding and the spectacular surf beaches lining the peninsula's ocean front.

Property History for 5 Wargundy Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$835,000
15 Apr 2025
  • 15 Apr 2025
    Sold for $835,000
  • 11 Sep 2024
    Listed for Sale SOLD
  • 19 May 2018
    Sold for $677,000
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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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 77 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 350 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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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.