51-57 Glenvue Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

51-57 Glenvue Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 245m2
Land area: 9005m2
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Property Details for 51-57 Glenvue Rd, Rye

Building Type
Rural
Year Built
1988
Floor Size
245m2
Land Size
9005m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP209096

Last Listing description (June 2021)

Expressions of Interest, Closing Tuesday 22nd June at 12pm

From the moment you arrive at 51-57 Glenvue Road, you will feel like you have escaped to your very own private slice of paradise. Enveloped by mature Moonah trees on over two acres and presented in immaculate condition, this is a home for those seeking character and charm in a peaceful yet convenient locale. The home was built by the current owner using large limestone blocks with a host of custom details throughout. There are three bedrooms and 2.5 bathrooms in the main home while a separate self-contained cottage offers comfortable accommodation for guests. A wrap-around verandah envelops the primary residence and draws you inside where soaring beamed ceilings, parquetry flooring and exposed limestone feature walls await. There are two generous living rooms including one with a fireplace and another with a built-in bar while the large kitchen is open to the dining area with direct access to the verandah. A centre island, sweeping timber benchtops and an 800mm gas cooktop and electric oven will make preparing meals a true pleasure. Built-in robes have been fitted to the guest bedrooms and the master has a walk-in robe, external access and an ensuite with a spa. The main bathroom, with a separate toilet, services the home plus there's a good-size laundry and a powder room. The cottage features one bedroom and a bathroom, plus a wellappointed kitchen, a living area and air-conditioning. A spacious covered deck offers a great place for guests to relax whether you offer this space for rent or to extended family. This one-of-a-kind home is located on the Mornington Peninsula and is nestled between picturesque ocean and bay beaches. World-renowned golf courses, restaurants and wineries are at your fingertips along with schools, shopping and so much more.

Property History for 51-57 Glenvue Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$2,660,000
22 Jun 2021
  • 22 Jun 2021
    Sold for $2,660,000
  • 14 May 2021
    Listed for Sale $2,000,000 to $2,200,000
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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.

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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.