8/20 Sullivan Street, Rye, VIC 3941 sold on 16 October 2026 | OnTheHouse
SOLD
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Sold on 16 Oct 2026 for $500,000

8/20 Sullivan Street
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 148m2
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Property Details for 8/20 Sullivan St, Rye

8/20 Sullivan St, Rye is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 148m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 2 bedroom Unit sold in Rye in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
77m2
Land Size
148m2
Local Government
Mornington Peninsula
Lot/Plan
8/RP5422

Last Listing description (October 2026)

Offering an exceptionally convenient position close to Rye's vibrant township and beautiful foreshore, this neatly presented single-level residence provides an appealing opportunity for downsizers, first-home buyers, investors or those seeking an easy-care coastal base. Set within a well-established complex, the home combines comfortable interiors with a location that places everyday essentials and the bay within easy reach.Inside, a bright and welcoming living and dining area enjoys plenty of natural light, while the adjoining kitchen is fresh and functional with generous cabinetry, ample bench space and an easy connection to the main living zone. Neutral finishes throughout create a comfortable foundation to enjoy immediately or provide scope to introduce your own style over time. Well-proportioned accommodation is complemented by a central bathroom, while the practical single-level layout makes day-to-day living wonderfully straightforward.With minimal upkeep required, the property is perfectly suited to relaxed permanent living, a weekend escape or a smart addition to an investment portfolio. Rye Primary School, sporting facilities, lawn bowls and the RSL are all nearby, while Rye's shops, cafs, restaurants and spectacular bay beach are just moments away. Combining convenience, comfort and an enviable coastal setting, this is an appealing opportunity to secure an easy-care home in one of the Mornington Peninsula's most popular seaside locations.

Property History for 8/20 Sullivan St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$500,000
16 Oct 2026
Listed for Rent
$250/w
01 Oct 2010
  • 16 Oct 2026
    Sold for $500,000
  • 26 Aug 2026
    Listed for Sale $480,000 to $520,000
  • 24 May 2011
    Sold for $310,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. There are 16 parks, covering nearly 14.3% of the 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 10,062 properties. Over the last 5 years, Houses in Rye have seen a -22.10% decrease in median value, while Units have seen a -4.21% decrease. As at 30 September 2026:

  • The median value for Houses in Rye is $918,392 while the median value for Units is $639,145.
  • Houses have a median rent of $633 while Units have a median rent of $515.
There are currently 65 properties listed for sale, and 11 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 302 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Stockdale & Leggo Rye
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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.