70 Preston Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
 
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70 Preston Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 111m2
Land area: 721m2
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Last updated 30 Mar 2026
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Property Details for 70 Preston St, Rye

70 Preston St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 721m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
2005
Floor Size
111m2
Land Size
721m2
Local Government
Mornington Peninsula
Lot/Plan
1647/LP41473

Last Listing description (August 2019)

This modern luxury weekender or permanent home is set in pretty coastal gardens and offers beautiful interior spaces full of colour and creativity to provide the perfect indoor/outdoor entertaining lifestyle in pure comfort.
Inside the generous open plan living and dining area has a beautiful feeling of space streaming with natural light amplified by vaulted ceilings and north facing windows. Over looking the deck and served by the gourmet kitchen - perfect for summer entertaining while the gas fireplace offers cosy living during the winter. The master retreat offers a private living area, bedroom with built in robes and ensuite and two further bedrooms with built in robes are served by renovated fully tiled bathroom with stand alone bath.
The fully fenced landscaped garden with front gates caters for the whole family with paved entertaining area and manicured grass area for the kids. Also features; double carport, laundry, powder room, ceiling fan, split system heating/cooling and bore water.

Property History for 70 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$862,500
21 Jul 2019
  • 21 Jul 2019
    Sold for $862,500
  • 17 Jul 2019
    Listed for Sale Not Disclosed
  • 05 Dec 2012
    Sold for $460,000
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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 10,057 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, 341 properties were sold in the past 12 months in Rye.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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