53 Andrea Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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53 Andrea Street
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 864m2
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Last updated 9 Mar 2026
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Property Details for 53 Andrea St, Rye

Building Type
Land
Land Size
864m2
Local Government
Mornington Peninsula
Lot/Plan
2624/LP44562

Last Listing description (March 2026)

A genuinely rare chance to secure an impressive piece of Rye real estate at the South end of Andrea Street. This superb vacant block of land with a generous 864m2 approx land size offers privacy, limited car traffic and uninterrupted views extending all the way to the Number 16 Beach in one of the Peninsula's most sought after coastal pockets.

Design your very own bespoke architectural residence (STCA) with generous outdoor space, room for landscaping and potentially even a private pool, all framed by a neighbourhood of other fine quality homes.

The broad frontage and deep allotment give you flexibility rarely found at this price point. Location is everything, and here you are barely 700 metres from the iconic Number 16 Beach and general store. Start your day with a walk along the secluded walking-track located approx. 75 metres from 53 Andrea St.

Freshly roasted coffee and a selection of local produce are just steps from your door. Whether it's morning beach walks, sunset picnics or lazy weekends exploring the coast, this address provides the ultimate in seaside living. Rye itself delivers an enviable lifestyle with its white sandy beaches overlooking Port Phillip Bay, inviting jetty and foreshore areas, picnic spots and walking tracks. The vibrant town centre provides a superb selection of cafes, restaurants, boutique retailers, supermarkets and every day conveniences.
Great schools, sporting facilities, public transport and even the famed Peninsula Hot Springs are all within easy reach, ensuring a perfect balance of beachside tranquillity and modern amenity.

This is a rare opportunity to build a landmark home in a premium coastal address where lifestyle, location and future value converge.
All this and more is waiting at 53 Andrea Street.

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Property History for 53 Andrea St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$40,000
26 Mar 2001
  • 18 Dec 2025
    Listed for Sale New Price $550,000 - $575,000
  • 26 Mar 2001
    Sold for $40,000
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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 10,057 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.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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