7 Omar Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

7 Omar Street
Rye VIC 3941

Bedrooms: 1
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 1053m2
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Property Details for 7 Omar St, Rye

7 Omar St, Rye is a 1 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 1053m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
2015
Floor Size
116m2
Land Size
1053m2
Local Government
Mornington Peninsula
Lot/Plan
2606/LP44561

Last Listing description (May 2025)

Situated in a quiet court location a short distance to Rye's 16th Beach and a short drive to all of what the Peninsula has to offer, this modern brick home is perfectly situated on a great 1053m2 block at the end of a no through road adjoining a natural bushland reserve.
A very thoughtful floor plan boasts three generous sized bedrooms and a kitchen/ lounge area with stacker doors leading you to a covered outdoor space overlooking the expansive rear garden with endless room to put in additional shedding or cultivation a garden of edibles or store any equipment you might have. Currently occupied with excellent tenants if an investment is what you are after or vacant possession is also an option.

Property History for 7 Omar St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$865,000
28 Nov 2024
Listed for Rent
$600/w
27 Jul 2022
  • 28 Nov 2024
    Sold for $865,000
  • 19 Nov 2023
    Listed for Sale $900,000
  • 11 Jul 2022
    Listed for Rent $600 / 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 74 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.