61 Iolanda Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

61 Iolanda Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 131m2
Land area: 628m2
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Property Details for 61 Iolanda St, Rye

61 Iolanda St, Rye is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 628m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1980
Floor Size
131m2
Land Size
628m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP168108

Last Listing description (May 2021)

Playing homeage to this enviable coastal setting with an array of lifestyle spoils to indulge both seachangers and holidaymakers alike, this classic three-bedroom beach house has been transformed into a heavenly oasis complete with swimming pool and steamy spa flanked by glorious leafy gardens.

Surrounded by an endless choice of calm bay beaches and surf breaks just a few minutes' drive away, the residence sits among the treetops on an elevated 628m2 (approx) allotment with both front and rear alfresco zones to soak up the seaside ambience from breaky on the deck to poolside cocktails at sunset.

Set between polished timber floors and a vaulted timber-lined ceiling, the primary living area embodies the essence of relaxed coastal living and opens via two sets of French doors to the expansive front deck, while a second living area boasts an entire wall of bifold doors providing a seamless flow out to the poolside terrace, lush lawn and bamboo hedging.

A tidy kitchen with breakfast bar, stainless-steel oven and gas hob is perfectly functional yet, with an update, would add significant equity to this stunning home, which includes a full bathroom, separate toilet, laundry, heating/cooling and off-street parking.

Just 3-minutes' drive to Rye town centre, this coastal haven would also thrive on the lucrative holiday-rental market to practically pay for itself in between your own seaside escapes.

Hockingstuart | Belle Property is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Tim Bradler on 0400 312 412 tim.bradler@belleproperty.com

Property History for 61 Iolanda St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,100,000
19 May 2021
Listed for Rent
$285/w
04 Jun 2010
  • 19 May 2021
    Sold for $1,100,000
  • 14 May 2021
    Listed for Sale $895,000 - $980,000
  • 24 Jun 2010
    Sold for $387,500
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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 10,054 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, 350 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.