56 Bruce Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

56 Bruce Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 207m2
Land area: 804m2
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Property Details for 56 Bruce St, Rye

56 Bruce St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 804m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1990
Floor Size
207m2
Land Size
804m2
Local Government
Mornington Peninsula
Lot/Plan
23/LP111957

Last Listing description (April 2020)

Designed to impress and elevated to maximise the coastal vistas, this property combines a desirable location with superior craftsmanship to deliver first-rate living.
Unified with its surroundings, the grounds of approx. 789 sqm are lined with low-maintenance native vegetation and manicured gardens, providing seclusion in a delightful natural environment.
The exceptional design and expert transformation are the hallmark of this home which takes advantage of its setting, offering superb outlooks through floor-to-ceiling glass panels. The lower level comprises impressive entrance foyer, study space plus three spacious bedrooms all with built-in robes and each opening to an outdoor deck. The exquisite master suite contains a dressing area and striking ensuite with freestanding bathtub with a view!

The upper level combines casual living and dining with the fully integrated kitchen featuring gas cooking, dishwasher and island bench to form an enviable entertainment space. An additional spacious main living area enjoys the warmth of an open fireplace and opens to the sun-drenched balcony, one of three outdoor relaxation spaces.
Extra features include timber flooring, heating and cooling, electric blinds, solar panels and double lock-up garage with internal access and further storage.
From nearby Number Sixteen beach across to Port Phillip Bay, there is an incomparable selection of local shops, schools, cafes and restaurants. Whether it's your family home, private getaway or luxury holiday rental, you simply cannot go past this outstanding property for its location and class.

Property History for 56 Bruce St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,050,000
07 Jan 2020
  • 07 Jan 2020
    Sold for $1,050,000
  • 29 Jul 2019
    Listed for Sale $1,100,000 - $1,200,000
  • 07 Feb 2014
    Sold for $440,000
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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 78 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 353 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.