62 Highbury Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

62 Highbury Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 171m2
Land area: 618m2
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Property Details for 62 Highbury Rd, Rye

62 Highbury Rd, Rye is a 3 bedroom, 2 bathroom House and was built in 2022. The property has a land size of 618m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2022
Floor Size
171m2
Land Size
618m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP198944

Last Listing description (March 2021)

Vacant & near level land close to the coast in premium lifestyle regions such as the stunning Mornington Peninsula are increasingly rare it can be easier to find a pot of gold these days say some; so act quickly to secure this slightly elevated 618m2 vacant allotment in a central Rye location, and start exploring your options.

Currently there are approved plans and a town planning permit in place to construct holiday-style accommodation with seven bedrooms and six bathrooms (contact Agent for details) providing a clear opportunity for a builder/developer to invest in a prime parcel of land with a future income stream.

There is also the possibility, to custom design and build your own luxury lifestyle masterpiece just how you like it, without fear of overcapitalising in this desirable location. Get creative and get excited; there is plenty of inspiration in and around Rye and neighbouring suburbs where there has been a wave of high-end builds in recent years.

Not ready to build yet? Maybe purchase and landbank until you are, or just to retain whilst your asset appreciates in value, and vacant land becomes even rarer.

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to please refrain from touching any surfaces, opening cupboards, drawers, windows and doors, when inspecting a property. For more information, please visit: fletchers.net.au/response-to-covid-19

Just a five-minute drive to the Pier and beautiful back and front beaches, scenic walking trails, wineries, and golf courses; and a one-kilometre 12-minute walk into the village everything you need to live the fullest of lives is within close proximity, from boating, fishing, surfing, cycling, dining, and other leisure pursuits.

Its a blank canvas with its next chapter in your hands.

Features:

Vacant 618m2 parcel in prime, convenient Rye location
Close to golf, beaches, shops, dining, wineries, and pier
Plans & approvals in place for holiday-style accommodation
Custom design luxury lifestyle masterpiece or land-bank
No existing infrastructure to remove it couldnt be easier
An opportunity to secure your own premium slice of Rye
Owners motivation is genuine & high to sell!

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. For more information, please visit: fletchers.net.au/response-to-covid-19

Property History for 62 Highbury Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$565,000
21 Feb 2021
  • 21 Feb 2021
    Sold for $565,000
  • 16 Feb 2021
    Listed for Sale $485,000 - $535,000
  • 08 Jul 2018
    Transferred
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,061 properties. Over the last 5 years, Houses in Rye have seen a -19.08% decrease in median value, while Units have seen a -4.50% decrease. As at 31 August 2026:

  • The median value for Houses in Rye is $923,563 while the median value for Units is $633,054.
  • Houses have a median rent of $620 while Units have a median rent of $523.
There are currently 49 properties listed for sale, and 14 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 320 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.