59 Preston Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

59 Preston Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 102m2
Land area: 865m2
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Property Details for 59 Preston St, Rye

59 Preston St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 865m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1970
Floor Size
102m2
Land Size
865m2
Local Government
Mornington Peninsula
Lot/Plan
1675/LP41474

Last Listing description (May 2017)

Perched up to offer a sweeping, tree-top aspect and valley view is this contemporary styled beach retreat. Offering free flowing indoors/ outdoors living and fresh neutral tones throughout it features: 3 bedrooms, open plan living with host kitchen and island bench, polished timber floors, r/c aircon and gas log fire leading out to a generous, private rear deck ideal for the get-togethers. A spacious lock-up garage, sealed drive with remote gate entry and low maintenance, landscaped grounds complete an enviable picture at an affordable price level in this sought after location. For further details or to arrange an inspection contact Michael Prentice on 0417 369 235.

Property History for 59 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$670,000
05 May 2017
Listed for Rent
$290/w
30 Mar 2010
  • 05 May 2017
    Sold for $670,000
  • 26 Apr 2017
    Listed for Sale $625,000 To $675,000 Buyers
  • 03 Dec 2012
    Sold for $375,500
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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 10,056 properties. Over the last 5 years, Houses in Rye have seen a 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 76 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 346 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.