59 Waratah Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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59 Waratah Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 860m2
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Property Details for 59 Waratah St, Rye

59 Waratah St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 860m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1965
Floor Size
79m2
Land Size
860m2
Local Government
Mornington Peninsula
Lot/Plan
57/LP21110

Last Listing description (August 2023)

Reinvigorating a mid-century beach house with striking simplicity, a focus on natural textures and reclaimed materials harmonise across the unexpected proportions of this coastal escape. Thoughtfully curated for a breezy
lifestyle, low maintenance gardens embrace a home destined to entertain with multiple living spaces indoors and out. Positioned less than 500m (approx.) from the shallow shoreline a relaxed family location remains within
walking distance of local shops and Rye Primary School.

A warm welcome of timber textures reveals the family domain where a wood heater centres cosy conversation and an introduction to the entertainment spaces. Contrasting crisp white walls, stone benchtops define the kitchen
space with a gas stove and ample storage. Extending towards the rear of the allotment additional living space continues atop timber flooring with the comfort of split-system air conditioning and glass stackers to the alfresco. Perched beneath the roofline with the breeze of ceiling fans, timber decking emphasises the flow from front to back with space for friends to share a drink and children to play within a secure yard.

Affording a space for rest and relaxation the master bedroom presents both a walk-in wardrobe and ensuite bathroom with an oversized rain shower and glass stackers to the alfresco. Three additional bedrooms provide built-in robes and shared access to a central bathroom complete with a walk-in rain shower.
Elevating a dreamy beachside position with contemporary comfort, a dual lock-up garage in the rear yard allows secure space to store the boys' toys with ample off-street parking, complemented by abundant internal storage, solar system and a 6ft swim spa.

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Property History for 59 Waratah St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,500,000
06 Jul 2023
  • 06 Jul 2023
    Sold for $1,500,000
  • 06 Jun 2023
    Listed for Sale Contact Agent
  • 30 Dec 2022
    Listed for Sale $1,475,000 - $1,550,000
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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 10,056 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 74 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 345 properties were sold in the past 12 months in Rye.

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© Copyright 2025. 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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