7 George Street, Rye, VIC 3941 sold on 26 February 2025 | OnTheHouse
SOLD
Sold on 26 Feb 2025 for $920,000

7 George Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 134m2
Land area: 780m2
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Property Details for 7 George St, Rye

7 George St, Rye is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 780m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Floor Size
134m2
Land Size
780m2
Local Government
Mornington Peninsula
Lot/Plan
68/LP26089

Last Listing description (July 2025)

Perfectly positioned in the heart of Rye, just 800m from the stunning foreshore and scenic Bay Trail, this fantastic three-bedroom, three-bathroom home offers an idyllic blend of space, versatility, and coastal charm. Set on a generous 780m level allotment, the property delivers outstanding family living with the added advantage of a fully self-contained studio-ideal for multi-generational living, a home business, or a private guest retreat.

Inside, the home is thoughtfully designed for effortless comfort, featuring two spacious, zoned living areas that provide ample room for both relaxation and entertaining. The primary bedroom boasts a walk-in robe and ensuite, while built-in robes in the additional bedrooms ensure practical storage solutions.

A double remote garage adds convenience, catering to modern family needs.

Beyond the main residence, the impressive 9.5m x 6m studio/bungalow offers a world of possibilities. Complete with its own kitchen, bathroom, and open-plan living space, this separate retreat is perfect for extended family stays, guest accommodation, or a dedicated workspace in a serene coastal setting.

With the vibrant Rye Village just moments away, residents will enjoy easy access to an array of fantastic cafs, ice cream parlours, restaurants, and specialty stores. For those seeking a lifestyle of leisure, world-class wineries, championship golf courses, and luxurious day spas are all within a short drive, making this home an incredible opportunity for families and holidaymakers alike.

Seamlessly combining functionality, flexibility, and an unbeatable location, 7 George Street is a rare find in one of Rye's most sought-after pockets. Whether as a permanent home, a weekend retreat, or an investment in lifestyle, this property offers a chance to embrace the best of the Mornington Peninsula.

Property Highlights:

- Solid three bedroom, three bathroom family home.
- Two spacious living areas (zoned at either end of the house).
- Located just 800*m to the Rye Foreshore and Bay Trail.
- Set on a generous level allotment measuring approximately 780*m2.
- Double lock up garage.
- Fantastic self-contained studio/bungalow measuring 9.5m x 6m and featuring bathroom, kitchen and spacious open plan main living space.
- All bedrooms feature built-in robes.

*All distances and measurements are approximate only.

Property History for 7 George St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$920,000
26 Feb 2025
Listed for Rent
$575/w
28 Sep 2022
  • 26 Feb 2025
    Sold for $920,000
  • 18 Feb 2025
    Listed for Sale SOLD
  • 30 Aug 2022
    Listed for Rent $575 / 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 10,054 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 77 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.