57 Bruce Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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57 Bruce Street
Rye VIC 3941

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 247m2
Land area: 1728m2
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Last updated 12 Jan 2026
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Property Details for 57 Bruce St, Rye

57 Bruce St, Rye is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1728m2 and floor size of 247m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1980
Floor Size
247m2
Land Size
1728m2
Local Government
Mornington Peninsula
Lot/Plan
PC362529

Last Listing description (July 2022)

Extending beyond a humble frontage, an incredible multi-occupancy opportunity presents across an unsuspecting 1,771sqm (approx.) allotment, showcasing three individual dwellings with a central entertaining theme connecting all three quarters.

Inviting space for intergenerational living, guests or friends, the main dwelling plays host to cascading entertaining dimensions with designated family, lounge, indoor barbecue entertaining and rumpus room cradling a kitchen complete with ILVE appliances and abundant cabinetry. A coastal ambience elevates with a fresh colour palette extending across a secondary accommodation wing comprising three bedrooms (BIRs), central family bathroom with private toilet, and laundry.

Offering retreat-like appeal, the master suite inclusive of built-in robe extends privacy through an adjoining study and secondary kitchen and family domain. Boasting flexibility, this master retreat invites opportunity to operate independently of the main home, if required.

Entertaining capacity flows beyond the home, enticing with a centralised gazebo with aspects extending to include the solar heated swimming pool and spa, and lush garden surroundings complete with cubby house.

A separate entrance unlocks the surprise, unveiling two stand-alone studio accommodations, flaunting limitations defined only by the imagination of the holder. 'Studio One' offers a single bedroom with combined bathroom and laundry, and open plan living dimensions anchored by an immaculate kitchenette, whilst 'Studio Two' presents two bedrooms serviced by a central bathroom and designated laundry, complete with open plan living and kitchenette.

Bolstered with ample storage solutions, this large-scale allotment comprises an expansive workshop/garage with toilet facilities, an additional double garage, 2 single garages, single carport, and bore water. Matched with an alluring address, this property extends convenience and appeal commanding a balanced position between the bay and back beach, with the Dundas Street shops and Rye's busting main street only a short distance in opposite directions.

Main Dwelling

4 bedrooms
2 bathrooms
Open kitchen/living/dining
2nd kitchen/living/bedroom quarters
Study nook
Indoor BBQ entertaining area
Bar/pool room
Live Gas/elec cooking
Dishwasher
Solar panels

Studio 1

1 bedroom
1 bathroom
Kitchenette
laundry
Open living
Rear deck

Studio 2

2 bedrooms
1 bathroom
Kitchenette
laundry
Open living

Exterior

Solar heated pool/spa
Gazebo
Huge workshop/garage with toilet facilities
2nd large garage/storage shed
2 single carports/storage
Dual access driveways
Cubby house
Bore water
Land size approx 1771sqm

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Property History for 57 Bruce St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,520,000
08 Jul 2022
Listed for Rent
$390/w
24 Aug 2023
  • 08 Jul 2022
    Sold for $1,520,000
  • 29 Apr 2022
    Listed for Sale $1,550,000 - $1,650,000
  • 01 Feb 1989
    Sold for $58,000
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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.

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© 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.

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