7 Fairway Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

7 Fairway Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 744m2
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Property Details for 7 Fairway Dr, Rye

7 Fairway Dr, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 744m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1983
Floor Size
77m2
Land Size
744m2
Local Government
Mornington Peninsula
Lot/Plan
136/LP42641

Last Listing description (November 2018)

Sweet seaside retreat to make your own
Providing all the essentials for hassle-free coastal getaways surrounded by bay and surf beaches, this classic three-bedroom seaside retreat delivers an affordable opportunity to secure your own southern peninsula sanctuary and make it your own.

Cocooned in total tranquility among 743m2 (approx) of native gardens with ample room to extend (STCA), the timber cottage is sided by long front and rear verandas to pitch the hammocks between the pillars and let the balmy coastal breezes lull you into an afternoon nap after invigorating mornings in the surf.
Simply luminous with walls of glass on either side, the open-concept tiled living and dining area with wood heater and split-system is supplemented by a tidy original kitchen with electric cooktop, while the rear garden is lightly shaded by mature moonahs and provides plenty of leafy locales for kids to explore.
Adorned with plush as-new carpeting, fresh tones and rollerblinds, the three bedrooms down the hall provide home-style comfort, with a tidy original bathroom offering scope for an update to add equity in the future.
Just three minutes drive to Rye town centre, this sweet surfer s sanctuary could be yours by summer for low maintenance getaways, a contemporary renovation or redevelopment (STCA) into a luxury coastal home.

Property History for 7 Fairway Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$550,000
10 Nov 2018
Listed for Rent
$300/w
03 Oct 2017
  • 10 Nov 2018
    Sold for $550,000
  • 10 Oct 2018
    Listed for Sale $535,000 - $585,000
  • 15 Sep 2017
    Listed for Rent $300 / week
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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.