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

7 Schutt Drive
Rye VIC 3941

Bedrooms: 5
Bathrooms: 4
Car spaces: 6
Floor area: 390m2
Land area: 6741m2
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Property Details for 7 Schutt Dr, Rye

7 Schutt Dr, Rye is a 5 bedroom, 4 bathroom House with 6 parking spaces and was built in 2007. The property has a land size of 6741m2 and floor size of 390m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
House
Year Built
2007
Floor Size
390m2
Land Size
6741m2
Local Government
Mornington Peninsula
Lot/Plan
15/LP208897

Last Listing description (September 2014)

Sold In 3 Weeks
As Seen On Postcards 27th July 2014 Adjoins National Coastal Park and 16th Beach Amongst 1.6 acres of native coastal landscape and rolling dunes, adjacent to the National Park and with direct access to the very private No.16 beach, is one of the Mornington Peninsula's finest architecturally designed retreats. Built and designed by award winning master builder and architect, as their own luxury home, with the striking design of curves and distinct angling of the two wings, the environment and the aesthetic of the home perfectly complement each other. This is an irreplaceable luxury home of over 45 squares. Magnificent Chinese front doors introduce a flowing hallway that leads one through open, airy living spaces. The various living zones are punctuated by stained American oak joinery delineating dining/kitchen/family rooms. Beautiful stained American Oak units rise at either end of the textured concrete benches and marvellous preparation area in the kitchen to urbanely bookend a fine working room. A concrete rendered open fireplace with elevated hearth divides carpeted areas of living room and library. None of the dividing joinery elements meet perpendicular walls resulting in an effortless flow throughout the home, also providing a constant array of vistas to spaces within, as well as views to the outside ever-changing landscape, not only from the living areas but little window seats in bedrooms and great deep bath tubs. Materials are elemental and brawny: a rough-hewn concrete render on the fireplace, exposed steel beams delineating spaces, timber floors giving way to polished concrete - this is an Australian coastal home not only fit for the purpose, but elegantly so. A dramatically dark, solar heated 20M lap pool, viewed through floor height slot windows in the sleeping wing provides a tranquil affect as well as a wonderful display of dynamic reflections on interior walls of bedrooms and hallway. Comprising: entrance, library, living, dining, kitchen, family, main bedroom suite, 2 additional bedrooms, study (4th bedroom), powder room, family bathroom, laundry, studio (5th bedroom). Separate home office with bathroom and kitchenette. Double garage with attached storerooms. Located a 5 minute walk from picturesque, private beaches, with a myriad of rock pools and walking tracks that stretch from Cape Schanck to Portsea. Some of the many additional features include: separate home office or guest suite, hydronic under floor heating, 32,000L underground rainwater tank, automatic garden watering system, salt chlorinated solar heated lap pool, drying room, established orchard, ample off street parking & storage facilities. Inspection of this unique offering will not disappoint.

Property History for 7 Schutt Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$2,125,000
04 Nov 2014
Listed for Rent
$200/w
11 Aug 2005
  • 04 Nov 2014
    Sold for $2,125,000
  • 04 Aug 2014
    Listed for Sale UNDER CONTRACT
  • 20 Dec 2013
    Listed for Sale Not Disclosed
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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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 8.39% increase in median value, while Units have seen a 14.03% increase. As at 28 February 2026:

  • The median value for Houses in Rye is $1,019,442 while the median value for Units is $630,850.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 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.