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

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 693m2
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Last updated 9 Mar 2026
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Property Details for 83 Preston St, Rye

83 Preston St, Rye is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 693m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1990
Floor Size
80m2
Land Size
693m2
Local Government
Mornington Peninsula
Lot/Plan
1663/LP41473

Last Listing description (July 2015)

This well presented solid 3 bedroom brick veneer home allows itself for a permanent residence, a holiday home and or holiday let investor.
With no work to do to this property you will enjoy the warmth this home offers the second you step into it. With floorboards and well kept carpet throughout the property, an open plan living and kitchen area that overlooks your entertaining deck with the BBQ plumbed in and ready to go, you will instantly feel at home. For the days spent at the beach in summer, enjoy your HOT outdoor shower and those winter nights enjoy the wood fire canara to create the perfect ambiance for the BEST investment you will make this year!
Land Size: 692m2

Property History for 83 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$520,000
19 Nov 2020
  • 19 Nov 2020
    Sold for $520,000
  • 27 Jun 2015
    Sold for $470,000
  • 16 Jun 2015
    Listed for Sale $460,000 plus
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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, 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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