67 Observation Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

67 Observation Drive
Rye VIC 3941

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 239m2
Land area: 715m2
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Property Details for 67 Observation Dr, Rye

67 Observation Dr, Rye is a 2 bedroom, 0 bathroom House and was built in 2022. The property has a land size of 715m2 and floor size of 239m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
2022
Floor Size
239m2
Land Size
715m2
Local Government
Mornington Peninsula
Lot/Plan
158/LP19188

Last Listing description (August 2023)

Possibly one of the last remaining, totally excellent, vacant blocks remaining on the Peninsula, and best of all it could be yours.
Offering a gentle rise to the rear, this well proportioned block has a very nice collection of Moonah trees that can be incorporated in your low maintenance landscaped dream home setting.
Location is a key factor in the true value of this most desirable property. Sitting in one of the most coveted sectors of Rye with a relaxed feel and an abundance of birdlife it will be a definite place to call home. You can walk to the beach and shops with ease or jump in the car and explore all the features and attractions that make the Mornington Peninsula famous.

Land Size 715sqm approx.

For further details contact Phil Key on 0418 516 470.

Property History for 67 Observation Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$350,000
17 Sep 2019
  • 21 Aug 2023
    Listed for Sale Not Disclosed
  • 17 Sep 2019
    Sold for $350,000
  • 04 Oct 2018
    Listed for Sale $430,000 to $450,000
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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 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:

  • The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
  • Houses have a median rent of $600 while Units have a median rent of $493.
There are currently 69 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 349 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.