57 Waratah StreetRye VIC 3941
Property Details for 57 Waratah St, Rye
57 Waratah St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 858m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom House sold in Rye in the last 12 months.
Last Listing description (July 2025)
Conveniently located in the heart of Rye, just 450* metres from the pristine foreshore and picturesque Bay Trail, 57 Waratah Street presents a rare opportunity to own a slice of local history.
Built in 1951 and cherished by the same family for over seven decades, this delightful three-bedroom, one-bathroom holiday home radiates timeless charm and a sense of warmth that only a lovingly maintained property can offer.
Set on a magnificent 858m allotment, the home is perfectly positioned to capture the essence of relaxed coastal living. Its original features evoke a nostalgic charm, offering a glimpse into a bygone era of family holidays and carefree summers by the sea. Yet, the expansive block provides ample potential for future enhancements or redevelopment (STCA), making it an enticing prospect for both lifestyle buyers and investors.
The prime location places you within effortless reach of Rye Village, where boutique shops, cafes, and essential amenities are yours to enjoy. Whether you're strolling to the nearby beach for a morning dip, biking along the scenic Bay Trail, or soaking in the vibrant community atmosphere, this property serves as an ideal base for embracing the best of the Mornington Peninsula.
With its enduring character, unparalleled location, and sprawling land size, 57 Waratah Street offers a rare combination of charm and opportunity. Whether preserved as a beloved family retreat or reimagined into something new, this property is ready to create the next chapter of unforgettable seaside memories.
Property Features Include:
- Three bedrooms.
- Recently updated main bathroom.
- Split system heating and cooling.
- Gas space heater to the main living room.
- Bore water.
- Single carport and garage.
- Huge allotment size measuring approximately 858*m2.
- Located just 450*m to the foreshore.
- Owned by the same family since 1951.
*All distances and measurements are approximate only.
Property History for 57 Waratah St, Rye, VIC 3941
- 31 Jan 2025Sold for $900,000
- 06 Jan 2025Listed for Sale $900,000
Recent sales nearby
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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.
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