58 Glen Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

58 Glen Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 844m2
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Property Details for 58 Glen Dr, Rye

58 Glen Dr, Rye is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 844m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1980
Floor Size
120m2
Land Size
844m2
Local Government
Mornington Peninsula
Lot/Plan
CP165604

Last Listing description (April 2021)

PLEASE NOTE:
- Inspections limited to advertised open times

In an elevated position on a useable 844m2 corner block with two-street access, this immaculate home showcases a view of the bay from the upper level and a delightful, treed outlook from the lower level. A private setting all round, the property features tiered landscaping with well-established leafy surrounds.

Across two levels, it comprises three bedrooms, two bathrooms, two separate living areas, light-filled kitchen, east facing balcony off upper level with sparkling bay vista, and full-length verandah on ground level which has a tranquil treetop canopy aspect. Additionally, there is also a cemented outdoor space for alfresco entertaining under the stars.

With plenty of character and warmth, it would make a fabulous weekender, and the upper level is virtually self-contained so is perfect for additional guests, teenagers, or the parents. Features include air-conditioning, large windows to invite in light, gas cooktop, garden shed, and native gardens with custom-designed tiered areas for children to play.

In good, comfortable living condition 'as is', there is no immediate money to be spent; however, you many want to update over time and infuse with your own personal taste, with no fear of overcapitalising. There is plenty of potential here, and masses of space to further extend (STCA).

Located within walking distance to Rye Primary School, Rye Pier and Bay, plus local shops and cafes, and just a short drive to the Peninsula Hot Springs and the many local golf courses it's lifestyle-central. This is the type of home that many who invest in the Mornington Peninsula fall in love with, whether permanently locating here or seeking a cosy weekender/holiday home to create cherished memories.

The property market is moving very quickly right now and lifestyle regions such as this are in strong demand; if you have been 'thinking' about a sea-change, the time is now, and this lovely property has lashings of heart and soul, that will welcome you with open arms.

Features:

Elevation, privacy, position, opportunity
Leafy corner 844m2 block, 2-street access
3 bedrooms, 2 bathrooms, light-filled kitchen
2 separate living areas one on each level
Upper balcony showcases Bay views
Lower balcony overlooks leafy tree canopies
Well established gardens, tiered play areas
Walk to shops, cafes, bay, primary school
Short drive to golf courses pack the clubs
Fabulous holiday home/weekender
Also suit location-driven sea-changers
The market is moving quickly, so should you!

Property History for 58 Glen Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$855,500
12 Apr 2021
  • 12 Apr 2021
    Sold for $855,500
  • 31 Mar 2021
    Listed for Sale $790,000 - $850,000
  • 12 Feb 2015
    Sold for $360,000
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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 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:

  • The median value for Houses in Rye is $1,014,366 while the median value for Units is $622,295.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 73 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.

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.