8 Fairway Drive, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

8 Fairway Drive
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 144m2
Land area: 781m2
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Property Details for 8 Fairway Dr, Rye

8 Fairway Dr, Rye is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 781m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1980
Floor Size
144m2
Land Size
781m2
Local Government
Mornington Peninsula
Lot/Plan
113/LP42641

Last Listing description (May 2021)

Conveniently close to Rye town centre, the calm waters of the bay and stunning surf beaches, this is your golden opportunity to secure a slice of seaside heaven.

Offering total tranquillity on a quiet and leafy street with an inground pool, the solidly built home is ripe for renovation and the perfect opportunity to create your dream coastal getaway on a sensational 780sqm allotment.

Boasting a desirable single level floorplan and northerly orientation, dual living zones and a bright, functional kitchen with dishwasher and gas cooktop are accompanied by a fantastic outdoor entertaining area featuring a paved courtyard and native gardens.

The sparkling pool sets the scene for memorable summer holidays spent relaxing and enjoying time with family and friends, while the master bedroom has a walk-in robe and ensuite plus there are two additional bedrooms with built-in robes and a family bathroom tub and separate powder room.

Other features include polished timber floors, ducted heating, laundry, ample storage and garage/workshop beyond a sealed concrete driveway.

Hockingstuart | Belle Property is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Mal McInnes on 0415 502 316 or mal.mcinnes@belleproperty.com

Property History for 8 Fairway Dr, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$888,850
04 May 2021
Listed for Rent
$360/w
13 Sep 2013
  • 04 May 2021
    Sold for $888,850
  • 31 Mar 2021
    Listed for Sale $850,000 - $925,000
  • 15 Nov 2013
    Sold for $425,000
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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 10,058 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 76 properties listed for sale, and 4 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 340 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.